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Tesla Faces Rising Tensions Amid Protests and Stock Decline
The American media scene has seen significant developments surrounding Tesla, coinciding with former U.S. President Donald Trump’s announcement that he had purchased one of the company’s electric cars, in a move to support its owner and CEO, Elon Musk.
However, despite this support, shocking video footage surfaced showing Tesla cars burning, while other owners of the electric vehicles were seen changing their Tesla logos to those of other brands. This comes amid a significant drop in the company’s stock and growing protests targeting Tesla, leading to escalating political and economic challenges for the company.
Protests and Attacks on Tesla
On March 3, 2025, fires were set at seven Tesla charging stations located in a shopping center outside of Boston, sparking questions about the growing attacks on the company. Videos on social media also showed Tesla cars burning in front of the company’s headquarters.
Tesla vehicles also faced thefts of their tires, with some users documenting these incidents on social media. Additionally, some Tesla owners changed the company’s logo to that of other brands, which many believe was either a humorous act or a precaution against their cars being targeted.
Protests and Political Tensions
Several Tesla showrooms and charging stations also witnessed peaceful protests, with demonstrators holding signs condemning Musk’s policies and chanting slogans demanding his resignation from the CEO position.
These protests coincided with controversial decisions from Musk’s government efficiency ministry, such as job cuts and reductions in federal budgets, which triggered widespread backlash from both employees and politicians.
Tesla Stock Decline and Financial Crisis
Along with these events, Tesla’s stock experienced a sharp drop of over 15% on Monday, erasing all the gains the company had made since the U.S. presidential election in November. The stock closed at $222.15, its lowest level since October 2024.
Although there was a slight recovery of 1.8% the following day, with the stock rising to $226.14, the financial pressures on the company remain significant, given the ongoing political and economic tensions surrounding it.
Questions About Tesla’s Future
This downturn has garnered widespread attention on social media platforms, particularly in the Arab world, with some users noting that Tesla has suffered losses exceeding 20% of its market value in the past week. Others have criticized Elon Musk for mixing politics with business, suggesting that this could harm the company’s future.
Many users have also commented on President Trump’s intervention to support Musk, noting that it reflects the intense political polarization currently sweeping the United States. These developments have led to widespread discussions about whether Tesla can survive and overcome this heated political and economic battle.
Tesla’s and Elon Musk’s Future
The uncertain future of Tesla and its CEO, Elon Musk, remains a focal point of global attention. Amid these challenging circumstances, the key question remains: Can Tesla overcome these major challenges it faces right now? And will it manage to regain its market position after the decline in its stock and the widespread protests against Musk’s decisions?
Sources:
- U.S. media reports on Tesla
- Financial market data related to Tesla’s stock
- Various social media platforms