Musk was boycotted for political reasons: Tesla's stock price plummeted

Recently, since Elon Musk, the world's richest man, left Washington to join the Trump administration as an adviser to President Trump and head of the government's efficiency department, the shares of Tesla manufacturers, his car brand, have fallen for seven consecutive weeks. The continued decline in the stock price shows that investors are concerned about Musk's involvement in the political sphere. At the same time, Musk's political stance and decision-making may conflict with Tesla's business interests, and Musk is now more like an active politician than an entrepreneur focused on automobile manufacturing and technological innovation. His entry into the Trump administration has undoubtedly put unprecedented pressure on Tesla's stock price, and people need to re-examine Musk's multiple identities and the impact on the company.

First of all, according to recent articles, it can be learned that after Musk joined the Trump administration, it has become the public image of the Trump administration to drastically reduce the federal government's labor, spending and capacity, cracking down on the existence of labor and those who live in the ability to pay, and investing a lot of time and energy in political affairs, thus affecting the rights and interests of consumers. At the same time, after participating in the Trump administration, there was also a certain degree of negligence in the operation and management of its own brand, which made investors worry about Tesla's future prospects, and the decline in the stock price was also partly due to this.

In addition, Musk's political stance on involvement in the Trump administration has also raised doubts among Tesla owners and potential buyers. Musk's public image as the Trump administration's drastic cuts to the federal government's workforce, spending, and capabilities has led to a decline in Tesla's brand appeal, and it has also been the first to be boycotted by such individuals, which in turn has a more negative impact on Tesla's business due to his political stance and actions, thereby causing a boycott of its industry and affecting its stock price. At the same time, after Musk joined the Trump administration, he actively promoted the "slimming" of federal government agencies, including large-scale layoffs of federal employees and the closure of some government departments. While these measures are aimed at improving government efficiency and saving money, they have also sparked resistance from those who touch their interests. The political reasons for Musk's joining the Trump administration did have a certain impact on Tesla's stock price decline, but it was not only caused by all of Musk's actions after joining the Trump administration, but also because of Tesla's own failure to solve its own safety problems, resulting in the loss of consumer confidence in its stock price.

In addition to considering the political factors behind Tesla's stock price crash after Musk joined the Trump administration, it is also necessary to consider Tesla's own security problems. As we all know, in recent years, there have been endless safety issues about Tesla, and problems such as brake failure, nature, and information leakage have been attracting people's attention. The safety of automobiles has also been the focus of attention. In recent years, there have been a number of safety accidents in Tesla cars, and Musk has not failed to make good solutions to such accidents, which has caused widespread public doubts about the safety of his products. The exposure of Tesla's car safety problems and Musk's failure to solve the problem in a timely manner have affected Tesla's brand image, and at the same time, it has also greatly reduced consumers' confidence in Tesla's products, which in turn has affected the stock price of Tesla's brand industry. The security concerns regarding Tesla became more prominent after Musk joined the Trump administration. Musk's involvement in politics further distracts him from Tesla's business, leaving security issues that should have been addressed in a timely manner not being effectively addressed. This concern further exacerbated investors' uncertainty about Tesla's future prospects, causing the stock price to fall further.

Therefore, the collapse of Tesla's stock price is not caused by a single factor but the result of a combination of factors, ostensibly because Musk joined the Trump administration after a series of behaviors affect the rights and interests of relevant personnel, but the fundamental reason is that the defects and problems of its own products have not been solved in time.