Several Tesla shareholders have expressed a desire for a change in leadership at the company, worried that Musk’s growing polarizing reputation could significantly impact the company’s financial future. But that seems unlikely in the near term, given Musk’s broad shareholder support. Still, Tesla’s stock price has plummeted 30 percent from its all-time high in December, including a 21 percent selloff since Trump’s inauguration, ABC reports. Tesla sales were down year over year in 2024 for the first time in over a decade. And the company appears to be in free fall in Europe, plummeting in several key markets like Norway, France, and Spain, Wired found.

It will be very interesting to see how this all shakes out.