Getty Images; Jenny Chang-Rodriguez/BI
Tesla's stock has spent the past few months on autopilot, barreling toward a crash. Protesters angry with CEO Elon Musk's politics are burning electric-vehicle charging stations and vandalizing Cybertrucks, leading some owners to offload the cars before they become the next targets. A JP Morgan analyst said last week that the precipitous drop of some 50% of Tesla's market cap was unprecedented in the auto industry. And instead of returning to the dusty Tesla floor where he used to sleep to inspire workers to "give it their all," Musk is continuing to play Donald Trump's all-powerful "first buddy" in Washington.
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