Tesla shares fell over 15% Monday, according to CNBC. The drop marked their steepest decline in five years as CEO Elon Musk admitted he is running his businesses “with great difficulty.”
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares fell over 15% Monday, according to CNBC.
00:05Drop marked their steepest decline in five years.
00:08CEO Elon Musk admitted he's running his businesses with great difficulty.
00:11Company stock has declined since Musk became head of the Trump administration's
00:15Department of Government Efficiency.
00:17Tesla's market capitalization has plummeted over 50%, raising nearly $800 billion.
00:23Doge claims to save $4 billion daily, though critics question its estimates.
00:27Social media platform X suffered multiple outages on Monday,
00:30whilst contributing to a massive cyberattack linked to Ukraine without providing evidence.
00:34For all things money, visit Benzinga.com.