Tesla's January sales dropped significantly, particularly in key markets like California and Europe. Elon Musk's company faces heightened competition in China, where BYD has overtaken

Tesla stock (TSLA) is climbing again, shaking off political distractions tied to CEO Elon Musk. Shares edged up 0.3% in premarket trading to

Tesla’s financial tale, however, has taken a turn since Trump took the oath of office with Tesla stock down over 17% since Jan. 21, as of midday Friday. Just weeks before the inauguration, Tesla reported the first full-year drop in global sales in its history as a public company, according to a report from CNN.

President Donald Trump‘s adversaries are punching back at his administration with targeted punishment aimed at his trusted adviser and DOGE leader Elon Musk. Canada and China implemented actions toward Musk’s companies,