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tesla stock plummets as elon musk faces mounting challenges and backlash
Elon Musk's influence appears to be waning as Tesla's stock plummets over 40% this year, erasing previous gains. The company faces a significant decline in global sales, particularly in China and Germany, while competition intensifies. Musk's controversial actions and personal brand have further alienated consumers, leading to a notable drop in Tesla's market value and a backlash from activists urging people to divest from the brand.
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