Tesla has been facing tough times in recent months. The company’s stock value has dropped by over 30% in just two months. Sales figures in markets outside of America have also declined. Analysts have warned that the continuous decline in Tesla could persist. The tide has turned against the American electric car company Tesla. The shares of the electric vehicle manufacturer led by Elon Musk fell by another 2% in pre-market trading on Wednesday to $321. This means Tesla shares have retreated by around 33% from their peak of $480 on December 18, 2024. Tesla shares had started rallying after President Trump’s election victory. In 2025, Tesla was the worst performer among the technology giants known as the “Fantastic Seven.” According to Bloomberg data, Musk’s wealth has decreased by $54 billion since the beginning of the year, in parallel with the decline in the company. Analysts have indicated that the decline in Tesla shares could continue. Analysts pointed out that sales figures in overseas markets for Tesla were weak and warned about the potential damage to the brand due to the closeness between Elon Musk and Trump. In January, Tesla sold 63,238 cars in China, indicating a sharp 33% decline compared to December. It was noted that the automobile company was also negatively impacted by Trump’s decision to impose a 25% tariff on steel and aluminum, which are essential raw materials used by Tesla.