Tesla stock tanks as owners, buyers ditch EV brand over Elon Musk’s Nazi salute

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Quick Summary:

LONDON, March 3 — A growing number of Tesla owners are abandoning their vehicles in response to CEO Elon Musk’s recent N...

Filipos, who once owned 717 Tesla shares, sold all of them last summer, calling it a “reckoning moment” after Musk endorsed Trump.“We feel lighter not being saddled with a symbol of hate,” he said.

Tesla’s stock has also taken a hit, with a 21 per cent selloff since Musk’s inauguration day salute and the company’s valuation dipping below US$1 trillion.