1. Tesla shares dropped 12% amid Musk's criticism of Trump's policy bill. 2. Musk referred to the bill as 'massive, outrageous' and 'pork-filled.' 3. Musk's net worth decreased by $17.2 billion, now below $400 billion. 4. Tesla experienced declining sales, especially in the U.K. and China. 5. Musk's focus on politics raises concerns about his leadership at Tesla.
Musk's public fallout with Trump may undermine investor confidence and leadership credibility, resembling past declines triggered by negative socio-political dynamics.
The volatility induced by Musk's political criticisms alongside poor sales figures indicates a significant but likely short-lived impact on TSLA's market perception.
Immediate stock fluctuation due to political controversies can stabilize, as seen after Musk's previous political affiliations affected stock prices before returning to baseline.