Tesla stock has taken its fair share of hits over the years.The company's CEO, Elon Musk, has been praised and criticized for his mercurial nature, and as a result, Tesla's stock price has popped and dropped many times over the past decade.Elon Musk's backers celebrate his efforts to advance the electric vehicle market into the mainstream.
His detractors point out broken model launch timelines and promises surrounding autonomous vehicles.Recently, Musk's decision to spend hundreds of millions supporting President Trump's election and spearhead the Department of Government Efficiency, or DOGE, an organization in the executive branch tasked with cutting costs, has ramped up the debate.Musk's political positions have disappointed many long-time Tesla supporters, leading to sagging sales in key markets in Europe, China, and states like California.
The slowing sales in those markets and questions surrounding whether he's too distracted to run Tesla have caused the stock to tumble over 50% from its highs in December to its recent mid-March low. Fortunately, however, shares appear to have found their footing, rising over the past week, including an over 11% surge higher on March 24 following important news out of China. Elon Musk has come under fire in 2025, causing Tesla shares to sink.
Richard Bord/Getty Images Tesla looks to technology to solve its problemsTesla's (TSLA) success stems from Elon Musk's decision to focus its electric vehicles on performance. Rather than developing an.
