Tesla Stocks Drop Further 5% Amid More Warnings About Musk-Led Company's 'Sales Woes'

Tesla's stock has decreased by over 50% since December 2024, sparking worries about a slump in sales and heightened competition. Elon Musk's wealth has dwindled to around $320.2 billion, notably affected by the drop in Tesla's shares, as reported by Forbes. In 2024, Tesla allocated approximately $2.69 billion in restricted stock units and roughly $3.5 billion in stock options to its employees, according to its annual report. Despite stock market fluctuations, employees remain optimistic and have trust in the company.