Musk can’t dodge Tesla’s US$660bil slump


Tesla’s brand seems to be sustaining collateral damage from its chief executive’s public service. — Bloomberg

ELON Musk’s embrace of president Donald Trump and de facto direction of the Department of Government Efficiency (DOGE)was initially greeted with rapture.

Tesla Inc’s stock soared almost 80% in six weeks after the election, taking it to a new record market cap of US$1.54 trillion.

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