close
close

Elon Musk's net assets, Tesla car purchases in the first 100 days from Trump.

Elon Musk was seen as the big winner of President Donald Trump's election, but the first 100 days of the new administration were not so smooth for the richest person in the world.

Musk balanced up on Trump and spent hundreds of millions of dollars to increase his campaign, and observers thought at the time that it was well created.

“We believe that the main advantages for Musk and Tesla far outweighs all negatives, as this is still a poker movement for the age group from Musk bets on Trump,” said Wedbus -Analyst Dan Ives shortly after Trump's victory in November.

However, since Trump's 100th day in office was marked on Tuesday, the opposite has proven and Musk fought against the humming of cars, a decline in Tesla's share price and political protests against him and his company.

Here are five charts that show how the billionaire and his electric vehicle manufacturer have emerged from Trump in the first 100 days.

Tesla Stock has been large since Trump's inauguration. In mid-December, the shares reached an all-time high of $ 479.86 before Trump was sworn in and has since fallen since the company continues to slow down the vehicle sales worldwide.

Prominent investors asked Musk to move away from Tesla, even if the CEO promises to spend less time with the Department of Government Efficiency and more time with the car manufacturer from May.

The constant decline in the average price of a used Tesla vehicle was an essential measure of the weakness in the Tesla brand this year. Since new sales and current owners with Musk's politics who had unloaded their vehicles to the secondary market were dismayed, the Tesla prices were completed in March 10% compared to the previous year.

According to Cargurus, the average price of a cyber truck dropped by 50% last year, while the price of model Y and model 3 has dropped by 13% or 10%.

In the past few months, the strong decline in Tesla share has contributed to the fact that Musks has dropped a lot. Despite the increasing ratings for Musk's private activities, the steady decline in the stocks of its listed automotive company has extinguished around $ 150 billion from its net assets since mid-December.

Nevertheless, the richest person in the world with a net assets of 335 billion US dollars, which a few months ago decreased from a climax of almost 480 billion US dollars.

The company's profits shows that fewer people buy Tesla vehicles. Teslas after the 12-month net income has dropped by 57% since its climax in 2023.

The auto turnover decreased by 20% in the last quarter, and deliveries in the first three months of 2025 were much worse than expected. Tesla sold almost 336,700 EVs in the first quarter and marked a decline of 13% compared to the same period in 2024.

“Customers who have the choice of voting with their money vote against him,” Ross Gerber told BI last week.

Protests against Musk and Tesla rise because consumers are trying to revolt against the Trump government. Data from Google search show that Tesla vandalism has increased in the past few weeks.

“Tesla is in the obvious crosshairs,” said Steve Sosnick, chief market strategist at Interactive Brokers, to BI.

Sosnick referred to comments from basketball -sized Michael Jordan about the dangers of celebrities who were confused in politics. When Jordan was asked in 1990 why the basketball star did not support more democratic reasons, he replied: “The Republicans also buy sneakers.”

“The problem for Tesla is that Democrats also buy electric cars, in fact they bought electric cars with greater probability and thus Teslas as a republican,” said Sosnick.

“He politicized his brand in the United States and campaigned for right -wing parties in Europe and elsewhere, but also politicized his brands overseas,” added Sosnick.

Sosnick admitted that other aspects of Musk's activities, including SpaceX and Xai, thrive, but because Tesla is public, it is much more exposed to the headwind that results from his connections to Trump's presidency.