Elon Musk's Fading Star: Popularity Craters as Tesla Stock Freefalls
Elon Musk, once celebrated as the face of innovation and progress, is facing a dramatic fall from grace.
His personal popularity is cratering, Tesla’s stock is in freefall, and his leadership is increasingly under scrutiny. The numbers paint a grim picture for both Musk and the company he leads.
Recent polls show that Musk’s approval ratings have taken a nosedive.
A majority of Americans—over 54%—now view him unfavorably, with only around 41% holding a favorable opinion. Nearly 55% of voters believe Musk wields too much influence in government, a sentiment that has grown louder since his controversial alignment with polarizing political figures.
This sharp decline in public perception has not only tarnished his personal brand but also damaged Tesla’s reputation.
Tesla’s financial performance is faring no better.
The company’s stock has lost nearly 50% of its value since late 2024, wiping out over $700 billion in market capitalization.
Just last week, Tesla shares plunged 13% in a single day, hitting their lowest levels since before Election Day.
Meanwhile, Tesla’s U.S. electric vehicle sales dropped 16% from December to January, and European sales fell by a staggering 45% in January alone.
Once the undisputed leader in the EV market, Tesla is now struggling to fend off stiff competition from legacy automakers and emerging startups.
Investors are growing increasingly skeptical of Musk’s ability to steer Tesla through these turbulent times.
Despite its lofty valuation, Tesla has failed to deliver on key promises like fully autonomous robotaxis and other groundbreaking technologies that were supposed to justify its sky-high stock price.
Instead, the company seems to be losing momentum just as competitors are gaining ground.
Musk’s erratic behavior and divisive political stance are compounding these challenges.
His focus appears to be drifting away from Tesla as he juggles multiple ventures, including SpaceX, Neuralink, and his controversial leadership at X (formerly Twitter).
Critics argue that Musk has become more of a liability than an asset for Tesla, with his personal controversies overshadowing the company’s mission.
As both his popularity and Tesla’s stock continue their downward spiral, serious questions are being raised about Musk’s long-term viability as a leader.
Is this the beginning of the end for Elon Musk's once-unshakable empire?
Only time will tell—but the numbers don’t lie, and right now they’re pointing in one direction: down.
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