Tesla, Elon Musk make drastic decision amid U.S.-China trade war
Tesla shares were falling Friday on the news.
It has been a rough year for Tesla shareholders.
Since reaching an all-time high in December on the back of the euphoria felt when President Donald Trump won the 2024 election and named Tesla CEO Elon Musk head of the Department of Government Efficiency, which is tasked with rooting out waste, fraud, and abuse from the government, Tesla (TSLA) shares have plummeted.
