The Trump-Musk Alliance: A Factor in Tesla’s Market Cap Drop of Nearly 50% | WSJ

The Trump-Musk Alliance: A Factor in Tesla’s Market Cap Drop of Nearly 50% | WSJ

In recent months, Tesla has been facing a series of challenges that have led to a nearly 50% decrease in its market cap. These challenges include repeated attacks and vandalism against the electric vehicle company, including a recent incident in Las Vegas.

One of the key factors being scrutinized is Elon Musk’s close association with President Trump. As Tesla’s global EV deliveries fell by 13% last quarter, questions have emerged about Musk’s political involvement and whether it is affecting Tesla’s success.

The alliance between Trump and Musk has been a topic of discussion, with many wondering how their relationship is influencing Tesla’s performance. WSJ’s Aaron Zitner takes a closer look at the fallout of this alliance and how it has impacted Tesla’s market cap.

As anti-Tesla campaigns continue to grow and the company faces challenges in the market, it remains to be seen how Musk’s association with Trump will affect the future of Tesla. With uncertainties looming, the electric vehicle company will need to navigate the political landscape carefully to regain its standing in the market.

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Video “How the Trump-Musk Alliance Sunk Tesla’s Market Cap Almost 50% | WSJ” was uploaded on 04/04/2025 to Youtube Channel The Wall Street Journal