
The relationship between Elon Musk and Donald Trump solidified during the 2024 presidential campaign. On March 11, 2025, Tesla's shares closed at $182, representing a 33% drop from the post-election peak of $271 reached on November 6, 2024.
According to records from the U.S. Securities Commission, Musk recommended Trump to invest in Tesla, considering that the company had great potential. This occurred before the presidential elections, in which Trump ultimately emerged victorious.
The drop in Tesla's stock value has raised concerns among investors and market experts. Some analysts believe that the relationship between Musk and Trump has had a negative impact on the perception of the company by financial markets.
One of the consequences of this situation is the decline in Tesla's market capitalization, which has lost more than $100 billion since the post-election peak. Despite this, Musk remains optimistic and has expressed that he believes in the company's recovery in the coming months.
Amid this situation, many are questioning what the future of Tesla will be and how the relationship between Musk and Trump will affect the company's performance in the coming years.