The decline in Tesla shares has started to worry long-term investors. In Wall Street, there is talk that the company could drop below 200 dollars.

The volatility in Tesla shares has raised doubts among long-term investors. Following Trump’s election victory, Tesla shares, which rapidly rose, lost momentum due to the actions of Tesla’s CEO Elon Musk who heads the Department of Government Efficiency (DOGE) and supports far-right political parties in Europe. The company most affected by the recent selling wave on the US stock market was Tesla. President Donald Trump bought a new Tesla to support Musk. Regarding protests against Tesla, Trump stated, “This man has devoted his energy and life to this and I think he has been treated unfairly.” Tesla shares, which dropped by 15% on Monday, have lost over 50% of their value since their peak in December. Tumbling from 480 dollars on December 18th, Tesla dropped to 222 dollars. With this performance, expectations among Tesla investors that Musk would benefit from his closeness to the president have also faded.

Analysts argued that the company’s performance has even caused concerns among loyal investors. Wall Street analysts have started updating their target prices to indicate that the stock could drop below 200 dollars.