Tesla sales in Québec plunged 85% in the first quarter, mirroring sharp declines seen in Europe.
Canada has frozen $43 million in Tesla EV rebates due to Trump’s tariffs and fraud concerns.
Musk’s DOGE work sparked backlash, boycotts, and dealership vandalism across the US and Europe.
The fact that it’s in the S&P500 also gives the stock some staying power that it otherwise wouldn’t have, because a lot of people indirectly hold shares of it in a way that they can’t easily dike out of their portfolio
If it were to ever exit the S&P 500, it would for sure fall pretty hard. Unfortunately, for that to happen, it would need to fall even harder first.