
Tesla Inc.'s stock has experienced significant volatility, with shares dropping 36% over the past month, including a 5.3% decline on a recent trading day. The company faces challenges from weak demand, particularly in China where Tesla has reportedly offered 0% APR on new Model Y vehicles. Wall Street's sentiment towards Tesla has soured, with Mizuho cutting its delivery estimates due to geopolitical concerns related to Elon Musk's involvement with the Trump administration. Additionally, Tesla insiders have sold over $100 million worth of stock in the past month, contributing to the stock's downward pressure. The used Tesla market is also struggling, with searches for used Teslas decreasing by 16% over the past month while prices fall at more than double the rate of the average used car. This decline is attributed to increased competition in the electric vehicle market, with 76 used EV models now available compared to 58 the previous year. Reports of harassment and vandalism of Tesla vehicles and showrooms may also be contributing to the declining interest in used Teslas, particularly amid political controversy surrounding CEO Elon Musk's role in the US government. Despite these challenges, Tesla has received support from the Trump administration, with President Donald Trump publicly stating his willingness to purchase a Tesla at full price. However, Tesla's stock has erased all gains since Election Day, reporting its first-ever drop in global sales last year and facing stiff competition in China and slumping sales in Europe.







