Tesla shares have declined every week since Elon Musk joined team Trump

For seven consecutive weeks since Elon Musk travelled to Washington to join the Trump administration, shares in his automaker have declined, closing on Friday at $270.48.

This marks the longest losing streak for Tesla in its 15 years as a public company.

Tesla shares concluded the week a decline of over 10%, reaching their lowest level since 5th November 2024, U.S. Election Day, when they closed at $251.44.

Since their peak at $480 on 17th December 2024, Tesla has lost over $800 billion in market capitalisation.

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