Tesla's stock market capitalization has halved since December, following the election of Donald Trump.

Perrie let a Le Monde seed stand, so...here's another!

Basically... Tesla the auto-maker is suffering because of widespread disapproval of the CEO' behavior.

There are links in the seed.

S E E D E D   C O N T E N T

At around 11:30 a.m. local time (4:30 p.m. in Paris) on Monday, March 10, the company's share price on the New York Stock Exchange plummeted by 8.14% to $241.30 (or €232.33). Tesla's market capitalization has halved since December 2024 and has fallen to $700 billion, following the election of Donald Trump, of whom the company's boss, Elon Musk, is a close ally.

A protester outside a Tesla showroom during a demonstration in Lisbon, March 9, 2025. ARMANDO FRANCA / APThe stock's plunge is part of a broader trend of falling prices on Wall Street, particularly those of technology stocks, in the face of fears about the state of the American economy.

The share prices of the "Magnificent Seven" - the nickname given to the big names in the technology sector on Wall Street, including Tesla - also fell: Alphabet (-4.22%), Amazon (-2.45%), Meta (-4.90%), Apple (-5.27%), Microsoft (-3.22%), Nvidia (-4.7%).

But Tesla is also being punished for its sluggish sales in several of its markets. According to data from the China Passenger Car Association, the automaker sold 30,688 vehicles in China in February, down 49% from the same period last year. And this comes amid a sharp increase (+82%) in sales in the country of  "new energy"  vehicles , a category that includes electric and hybrid cars.

The same is true in Europe, where despite an increase in electric vehicle registrations (+34% over one year), Tesla sales were halved at the start of the year, according to data published at the end of January by the European Manufacturers Association.

In France, the American electric car manufacturer saw its sales drop by 26% over a year despite a stable market, with 2,395 vehicles registered in February, according to figures published Saturday by the Automotive Platform. Against the current, the United Kingdom saw Tesla sales climb by almost 21% in February.

Buyers put off by Elon Musk's stance

Elon Musk's stance alongside Donald Trump has cooled some buyers, although it remains difficult to assess the extent to which the billionaire's actions, and in particular his support for the European far right, have scared off potential Tesla customers. However, calls for a boycott have been launched in recent weeks.

Still the world leader in electric cars with its models loaded with technology and aggressive prices, Tesla is also struggling due to a change in range, with the current deployment of the new version of its star SUV, the Model Y.

The brand, which is also facing the arrival on the market of an avalanche of electric models from its competitors, assures that it will relaunch with the arrival in the course of 2025 of low-cost models and then its Robotaxi.