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HomeBusinessTesla's shares have declined every week since Elon Musk went to Washington.

Tesla’s shares have declined every week since Elon Musk went to Washington.


Elon Musk speaks during the first cabinet meeting hosted by US President Donald Trump at the White House on Washington, DC, US, on February 26, 2025.

Brian Snider | Roots

Tesla This red color was never stretched in the stock.

For seven straight weeks, ever since Elon Musk The Trump went to Washington to join the administration, the shares in his automaker refused, closing at $ 270.48 on Friday. It is the longest defeated streak for Tesla in 15 years as a public company.

Tesla’s shares over 10% of the week and November 5, ended their lowest level since the election day, when they closed at $ 251.44. Since the stock reached around $ 480 on December 17, Tesla lost over $ 800 billion in the market cap.

Many wall street firms this week include Bank of AmericaBeyard and Goldman SachsCut their value target on Tesla.

In reducing its target from $ 490 to $ 380, Bank of America analysts cited concerns about the company’s falling new vehicle sales and recent updates from musk on “low -cost models”.

Goldman Sachs, which cut its price target on stock from $ 345 to $ 320, also indicated the sale of electric vehicles for Tesla in many markets in Europe, China and America in the first two months of the year.

Goldman analysts stated that Tesla faces a “a difficult competitive atmosphere for FSD” in China, where major contestants “usually do not require a separate software purchase for smart driving facilities.” FSD, or full self-driving (supervised), is a partial automatic driving system of Tesla, which the company sells as a premium option in the US

Bearerd added Tesla to his “fresh pics” this week, in which analysts said in the firm’s writing that “production downtime” would complicate the “equation supply-party” for Tesla as the company shifts to building a new version of its model Y SUV.

He is recognized by US President Donald Trump as Elon Musk, during Trump’s address for a joint session of Congress at US Capital in Washington, DC on March 4, 2025.

Saul Loaib | AFP | Getty images

But not worried about Wall Street fundamental Matrix such as sales and production figures. Investors are also trying to assess how much Tesla will put the politics and work in the White House, and how long.

“Musk’s involvement with the Trump administration adds uncertainty to the demand-party,” wrote by Baird analysts.

Before playing his role as advisor of President Donald Trump And as the so -called government efficiency, or leader of Dogi, Musk was already leading several private enterprises, including artificial intelligence startup XAI, social media company X, and aerospace and defense contractor SpaceX.

Bulls related bulls

Now, the world’s wealthiest person, the federal government’s workforce, the efforts of the Trump administration to dramatically reduce the workforce, expenses and capacity has become a public face. Meanwhile, he continues to post Provocative political rhetoric on XSlaming judges whose decisions do not like him, and promotes false cribmalin talking points about Ukraine’s President Volodmi Zelancesi.

Anti-racket and anti-tesla spirit is growing in the US and Europe, with protests and suspected criminals Arson work And barbarity in Tesla features.

Even the fastest analysts and many fans have to accept the impact of Musk’s politics on Tesla’s desirability and a wide interest of customers and investors on its products.

EV advocates Cleantechnica, who has long promoted Tesla to his site, on Thursday a moral-centric column has run whether Tesla’s owners should sell their cars and whether Tesla Board Fire musk As CEO.

Musk and Tesla immediately did not respond to the remarks requests.

In a note on Friday, Dan Eves of Wesbash Securities wrote, “Tesla Bulls Musk/Dogi and Trump administration find themselves with their back against the wall that faces global negative feelings.” He called it a moment of “tesla bulls (including himself)” the moment of intestinal examination. ,

Wesbash said that it is using sell-off as an opportunity to add Tesla to its “best ideas” list, and its 12-month price target is set to $ 550.

The firm wrote, “The best thing that was once with Musk and Tesla was Trump in the White House as it would create a deregurate atmosphere with a federal autonomous roadmap Central for Tesla Golden Strategic Vision.”

For Tesla Bulls Company, the cheap new models soon see the ability to launch EVS, a robotaxi and driverless ride-heart service and distribute the humanoid robot, which are capable of factory work in a very distant future. Ewes said that he hopes Musk that in the second half of 2025, Tesla and his other companies will focus more.

TD Cowen’s analysts are also optimistic. In a note on Thursday, he wrote, “Tesla now appears in the initial innings of a major 2025-26 product cycle, one that we think the volume can re-increase growth and promote the overall share price spirit.”

Watch: Tesla has resulting catalyst beyond Q1



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