Tesla Shareholder Frustration Turns Into Revolt Against Elon Musk

It’s a total stock market disaster for Tesla.

Flying drone with camera

Even for the world leader in electric vehicles, this is worrying, even alarming. 

This will not be a year to remember for the carmaker’s investors. And if they do, they will probably remember that in a few months, the value of a portfolio can completely melt away.

The company led by Elon Musk had a market capitalization of $1.13 trillion on Dec. 31, 2021. The stock ended the year at $352.26. Almost a year later, all these figures have been more than halved. 

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