Elon Musk encountered a series of challenges on March 10 as Tesla’s stock tumbled by more than 15% and his social media platform X suffered severe outages. These setbacks occurred amid market turmoil and escalating scrutiny of Musk’s connections to the Trump administration. Furthermore, Tesla is grappling with diminishing sales and heightened competition, notably from Chinese automaker BYD. These obstacles have raised concerns about the future trajectory of Musk’s ventures and their impact on the electric vehicle market in India.
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Tesla CEO Elon Musk hit by stock plunge, X outage, and political criticism amidst sales decline and competition from BYD.
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