#CNA Tesla stock tumbles almost 40% in 6 weeks; experts blame CEO Musk
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Tesla stock tumbles almost 40% in 6 weeks; experts blame CEO Musk
Tesla shares have plunged by nearly 40 per cent over the past six weeks, chalking up losses every week since its CEO Elon Musk made his high-profile move to Washington to support United States President Donald Trump. The electric vehicle maker faces a bumpy road ahead in an increasingly competitive market, with experts suggesting that it has been hit by a fall in brand sentiment. Consumers are exercising caution over Musk’s decision to switch gears from entrepreneur to partisan political player. Trent Murray reports.
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