Tesla Hit Hard – What Will Musk Do?

Tesla building with logo against blue sky

(TheLastPatriotNews.com) – In a dramatic nosedive, Tesla’s stock plummeted by 15% on March 10, 2025, marking its steepest one-day decline since 2020.

See the tweet below!

The drop erased all gains since Trump’s election victory, raising doubts about the resilience of Tesla’s business amid a volatile market.

Tesla’s shares declined over 15% to a trading price of $222.

This significant fall marks the company’s worst percentage loss since September 2020, and it’s the seventh-worst day in its 15-year market presence.

Monday’s trading wiped out a 91% gain in Tesla’s stock price since Trump’s election, a rally that had fueled investor optimism.

The broader market turmoil impacted Wall Street, with the Nasdaq Composite dropping 4% amid fears over Trump’s economic policies.

Tesla was not immune, as a UBS analyst predicted a 5% decline in the company’s vehicle deliveries in 2025.

This runs contrary to previous expectations of a 12% growth, indicating potential challenges ahead.

Elon Musk, Tesla’s CEO, saw his net worth plunge by $23 billion, reducing it substantially from its December 2024 peak.

Tesla’s market capitalization has shrunk by nearly $800 billion since December, further highlighting investor concerns.

Geopolitical tensions, notably Trump’s tariffs affecting Tesla’s large market in China, have compounded these woes, Forbes reports.

Tesla’s struggles are not limited to stock prices; UBS analysts lowered their price target for Tesla stocks due to softer demand, impacting the Model 3 and Model Y vehicles.

Despite these setbacks, some analysts remain optimistic about Tesla’s future, seeing potential in its diversification into artificial intelligence and robotics.

Tesla’s market dynamics also face challenges from decreasing sales in key regions like China and Germany, where competition from local companies like BYD Co. is intense.

Lower sales and shifting customer preferences in these markets raise additional concerns for the electric vehicle giant.

“And driving down Tesla shares specifically was a note from UBS analyst Joseph Spak calling for Tesla’s 2025 vehicle deliveries to decline by 5%, which would be the second consecutive year of negative growth for Tesla, moving against consensus analyst forecasts of 12% vehicle delivery growth this year,” commented UBS analyst Joseph Spak.

Despite this challenging landscape, Tesla maintains a bullish outlook from some market analysts.

Predictions suggest shares could climb to new heights, buoyed by Tesla’s shift towards innovative sectors.

Copyright 2025, TheLastPatriotNews.com