Tesla’s stock crashes really badly

The global economy is in shock today when companies and investors are trying to unpack the so-called “reciprocal prices” by Donald Trump.

Trump aims to limit the dependence of the United States to foreign products by increasing the cost of importing for different countries, which launches the global supply chain dominated by the United States in chaos. Wall Street is in ruin accordingly, with some 5 billions of dollars of market value being destroyed in the last two days – the worst performance for the S&P 500 since the pandemic shock of 2020.

Technological actions were particularly harshly hammered after China announced its own 34% prices in response to Trump movements, thanks to their dependence on minerals and Chinese work. And of all the technological companies that bleed on the stock market soil, Tesla is particularly tough.

Elon Musk’s EV company has posted losses for ten of the past 11 weeks, and it was no different. On Friday, Tesla’s stock dropped almost immediately after China announced its return volley and continued to fall throughout the day up to a 10%drop. Overall, Tesla’s stock value fell by almost 44% since Trump took office.

It is even before you mention the results of the lamentable quarterly sales of Tesla, who became inferior to the worst estimates with a three -year hollow. Analysts are now planning a second consecutive year of falling sales for Tesla, which is bad news for Tesla’s long -term prospects.

Everything meets to threaten the status of Tesla as “growth stock”, a company dressed in iron like alphabet or Apple whose financial growth is considered guaranteed. Of course, this future depends on a healthy and confident stock market, which we will probably not see for a while, because all the signs indicate a recession.

Musk’s personal fortune, which is closely linked to Tesla, has also taken a step. Thanks to Trump’s prices, its huge wealth treasure has lost some $ 11 billion, for a loss of 2.5%. Forbes had previously pointed out in March that Musk’s net value was down $ 104 billion since Trump took office on January 20, a number that these prices could soon look like Chump Chump while countries cancel Starlink contracts and the European Union is preparing its own reprisals.

While the world accumulates for new economic benefits in the coming weeks, it is clear that Trump’s prices may have triggered a chain reaction that could reshape the world markets – and Musk’s EV EV – forever.

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