Tesla’s Market Value Drops 45% from December 2024 Peak: What’s Behind the Shift? Tesla’s market value has plummeted by 45% since it hit an all-time high of $1.5 trillion on December 17, 2024. This surge in stock price came on the heels of Elon Musk’s financial backing of Donald Trump’s election campaign, sparking optimism and driving investor enthusiasm. However, recent shifts in market dynamics and business strategies have contributed to this dramatic decline in Tesla’s valuation. Let’s explore the factors that have played a role in this significant downturn. Tesla’s stock has suffered a significant blow, plummeting 45% over the past three months. Despite this steep drop, there is ongoing debate among investors about whether the electric vehicle giant, led by Elon Musk, is currently overvalued or if it still holds potential as a solid long-term investment, according to Reuters. WHY ARE TESLA SHARES FALLING? Tesla’s market value has fallen 45% since reaching a record high...