The head of Tesla and SpaceX, Elon Musk, also manages other projects, including the space company SpaceX and the neurotechnology company Neuralink. For some time, Tesla's stock has shown a declining trend since the moment Musk joined Trump's committee to reduce federal spending and personnel.
Elon Musk stated on Monday that he faced serious difficulties managing his businesses following the sharp drop in the stock price of his electric vehicle company Tesla. This happened parallel to numerous outages in the operation of his company's social platform, X. The company lost more than 50% of its value.
