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Tesla's Share Price Plummets for Seven Weeks Following Musk's Political Move, Erasing $800 Billion in Market Value
2025-03-08 /
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Author：小编
Leading Wall Street investment banks, including Bank of America, Baird, and Goldman Sachs, have consecutively revised their target prices for Tesla downwards. They argue that Musk's political stance has exerted significant pressure on Tesla's share price, undermining brand influence and investor confidence. Since Musk's entry into the Trump administration, Tesla's stock has witnessed a seven-week losing streak, closing at $262.67 on Friday. This marks the longest continuous weekly decline in the company's 15-year history as a publicly traded entity.
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