Liberals and civil servants are not the only ones who have been angry with Ilon Musk. The decline recorded by Tesla’s share means that there are many investors who have been angry with him.

Tesla’s shares jumped 84% a day after the US election and culminated in their rise shortly before Christmas as investors expected Musk and Tesla the big winners in Donald Trump’s second term in the White House.

However, Tesla’s shares began to drop 40% of their climax until the stock market closure yesterday, Wednesday, losing more than a third of their value. This means that they have lost 87% of their value since the day of Trump.

According to CNN, the decline recorded by Tesla’s stock probably reflects the general concern that Musk was much more visible – and polarized – to the Trump government than expected to be immediately after the election. Many investors probably calculated that Musk would serve as a more traditional kind of “backstage” adviser, which would not necessarily play an active role in establishing controversial political issues, which did not happen.

But the decline in Tesla’s value is also an indication of the difficulties faced by the company, in addition to increasing competition from other automakers, especially from China, who have made significant profits in their domestic market and in Europe.

World sales ‘ejects’

While electric vehicles in Europe increased by a total of 34% last January, Tesla’s sales decreased by 50%. Specifically, its sales decreased by 29% in China, the company’s second largest market after the United States, during the first two months of the year, according to Reuters.

But Tesla’s sales in the US also declined by 16% between December and January, according to Cox Automotive.

“Its sales worldwide are collapsing,” Gordon Johnson, a analyst who criticizes Tesla and its shares, told CNN. “Falling its sales in China is about competition, but in Western countries, people are outraged with him,” he said, adding that few things can do to reverse the climate.

But there are also many investors who already believe that Musk will miss the growth goals for Tesla this year.

A polarizing figure

The question is how much of this dive is from a reaction to Musk’s political profile.

“At the time of the election, it was not clear how visible Musk (in the Trump government) would be,” said Gene Munster, director of Deepwater Asset Management. “But Tesla’s investors see Musk has more power than Trump,” he said, stressing that this has caused him damage.

There were demonstrations outside Tesla stores across the country on Saturday, with scattered references to vandalism.

Perhaps the biggest indication of who want to have Tesla now comes from S&P Global Mobility, which has a state sales data. She examines her sales in “Blue States”, which means in states that voted for a Democratic candidate in the last four presidential elections and in “red states”, where Republicans won four consecutive elections. And in each group of states, he examined the percentage of faith, which means the percentage of households who have purchased more than one Tesla.

So, according to the research in the “Blue States”, the percentage of repetitive Tesla buyers decreased, from 72% in the last quarter of 2023 to 65% in the last quarter of 2024. In the meantime, recurring Tesla buyers in “red states” increased very lightly from 47.6% to 47%.

The decline in reward for Tesla owners in the “Blue States” resulted in Tesla losing about a percentage of market share in these states, which includes some of the country’s largest car markets, such as California.

A poll last month by Morning Consult shows that almost 32% of buyers in the US would not “consider” the purchase of a Tesla.

And other problems

Also, according to Munster there is concern that Musk is detached from the administration of Tesla, the company on which most of his property is based.

“Musk really rewritten the book in terms of the ability of leaders to do different things. They once disapproved of it, “said Munster, referring to Musk’s work not only as Tesla’s chief executive but also SpaceX, the main owner of the social media platform, as well as the founder of the artificial intelligence company Xai and Neuralink, who aims to inspect computers. “I think there are natural limitations on what it can do.”

In addition, there could be increasing concerns that as commercial tensions between China and the United States are increasing that the Chinese could target Tesla for action because of Musk’s role in the Trump government.

Tesla’s “Bulls” are still happy

However, Tesla’s “bulls” say there is another argument on how Musk’s ties with the Trump government could benefit the automotive industry, such as the easiest approval for its plans for “robbery” with self -driving.

While many Tesla now have a “full self driving” feature, drivers must be behind the steering wheel ready to take control of the car. And there are still accidents involving the FSD, resulting in various investigations by the National Road Safety Agency.

But Musk promised that by June he would have vehicles ready to provide autonomous functions without drivers who would carry passengers to a Transfer Service in Austin, Texas, the Tesla headquarters (although Uber and Waymo of Alphabet have already won Tesla with a service without a guide to this city). Indeed, this service is expected to spread quickly and a cybercab -free cybercab vehicle, a brake or a pedal to move on the streets until next year.

These promises continue to excite Tesla’s “bulls”, regardless of the current problems facing the company and the decline it records in its sales

“The real unlocking of Tesla’s value is autonomy,” Munster said. “Trump loves Musk and Musk will get some of the things he wants and the important thing is more opportunities to prove the safety of robbing. I think that will happen. “