TSLA Price Sees Biggest Drop Since 2020 as Elon Musk Focuses on Politics
Tesla stock
(NASDAQ: TSLA) has always been a thrill ride for investors, but as of March 11, 2025,
that ride has taken a stomach-churning plunge. After a euphoric 91% surge
following the U.S. presidential election in November 2024, driven by hopes that
CEO Elon Musk’s alliance with President Donald Trump would propel the electric
vehicle (EV) giant to new heights, TSLA has cratered.
The stock
dropped over 15% in a single day on Monday, its worst decline since September
2020, wiping out more than $700 billion in market value from its December 2024
peak. Today, TSLA price sits 53% below that high, leaving investors scrambling
to understand why Tesla stock is down and what it means for their portfolios.
As of today
(Tuesday), March 11,…
