Musk's presence on the political scene has greatly—and negatively—impacted Tesla. Since Tesla stock hit an end-of-day record of $464 billion on December 17, closing at an all-time high of $480 per share, Musk's fortune has decreased by $121 billion.

Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.

Elon Musk's past 24 hours have shown troubling signs for his political and personal fortunes.

The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.

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Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

The timing of the lawsuit is interesting as it comes when Musk's other companies Starlink and Tesla have just begun making inroads into India with their business plans.

Tesla sales have plummeted to their lowest level in three years after a backlash against its boss Elon Musk. The electric car maker delivered almost 337,000 electric vehicles in the first three months of 2025, a 13% drop from a year ago. Tesla shares tumbled in early trading on Wednesday after the release of the low sales numbers.

A bill would authorize an audit of a state deal allowing Tesla to lease a factory site near Buffalo for $1 a year, and would create a way for the state to claw back subsidies.

Late Night host Seth Meyers has mocked Elon Musk for complaining about Minnesota governor Tim Walz finding joy in Tesla 's cratering stock. Walz isn't the only one.

Tesla Inc. investors shrugged off the company’s worst vehicle sales since 2022 and bid up its shares on hopes that Elon Musk will step back from his work for the Trump administration.