Sat, March 8, 2025
[ Sat, Mar 08th 2025 ]: Wired
What's Driving Tesla's Woes?
Fri, March 7, 2025

Tesla Stock Is Down As Musk's DOGE Role Changes Some Buyers' Minds

The article from Forbes, published on March 7, 2025, discusses the impact of Elon Musk's involvement with Dogecoin on Tesla's stock price. Tesla's stock experienced a decline as some investors reconsidered their positions due to Musk's active promotion and engagement with Dogecoin, a cryptocurrency known for its meme origins. Musk's actions, including tweeting about Dogecoin and hinting at its integration into Tesla's payment systems, have led to concerns about his focus and the company's direction. This has caused a segment of Tesla's investor base to question Musk's leadership and the potential distraction from Tesla's core business of electric vehicles and sustainable energy. The article highlights the tension between Musk's entrepreneurial antics and the expectations of traditional investors looking for stability and growth in Tesla's stock.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/petercohan/2025/03/07/tesla-stock-is-down-as-musks-doge-role-changes-some-buyers-minds/ ]