Tesla Loses $1 Trillion Valuation As Shares Plunge 8%— Elon Musk's DOGE Role, Brand Backlash Fuel Sell-Off - Tesla (NASDAQ:TSLA)
1. Tesla's market cap fell below $1 trillion as shares dropped 8.39%. 2. Stock down 36% from December high and 28.59% since Trump's inauguration. 3. Protests linked to Musk's political commitments have harmed Tesla's brand. 4. Tesla's European sales dropped 50.4% year-over-year in January. 5. Concerns about product features amidst rising competition from BYD and Xiaomi.