1. Tesla's board denied replacing Elon Musk amid political backlash. 2. Profits dropped 71% YoY to $409 million in Q1. 3. Musk criticized for excessive time spent on political activities. 4. Tesla stock lost about 25% of market value this year. 5. Musk plans to focus more on Tesla from May onwards.
The significant drop in profits and market value reflects investor concerns. Historical examples, like the dip after Q1 earnings, suggest volatility with Musk's leadership.
The leadership rumors and profit drop significantly influence investor confidence. Given Musk's central role, his performance and public perception are crucial to TSLA's stock trajectory.
Immediate investor reactions to profit drops and board rumors usually manifest quickly. Greater focus on TSLA's core operations may stabilize sentiments in the upcoming months.