Problems don’t seem to stop for Elon Musk. In recent weeks, his company Tesla has been at the center of acts of vandalism and protests that have shaken the United States. From graffiti and Molotov cocktails to fires at charging stations, the attacks have escalated nationwide, further fueling the debate about Musk’s role in the Donald Trump administration and his impact on society, as highlighted by CBS News.
The wave of protests and attacks against Tesla is undoubtedly linked to the new ‘role’ that Elon Musk has taken on as a political figure, being part of President Trump’s cost reduction task force known as the Department of Government Efficiency (DOGE). Since its creation in January, this agency has eliminated over 62,000 federal jobs, and more cuts are expected in the coming months; the magnate has been closely associated with the Department and its actions.
How much money has Elon Musk lost due to the wave of rejection against Tesla?
Musk’s wealth, which once exceeded 300 billion dollars, has taken a big hit amid all the controversy. With Tesla’s stock price plummeting, Musk has seen 120 billion dollars evaporate in just a few months.
So far, Musk has not extensively commented on the increase in protests, but on his social network X, he tweeted in response to a video of a man vandalizing Tesla vehicles in Massachusetts: "Damaging the property of others, also known as vandalism, is not freedom of expression!“.
Since late January, the protests against Tesla have only increased. The most recent one, on March 8th, had more than 350 protesters gathering at a Tesla showroom in Manhattan as part of the national protests called “Tesla Takedown”. Six arrests were made, five for disorderly conduct and one for resisting arrest.