Musk caused Tesla's stock price to plummet by 55%, and Hsieh Chin-ho bluntly stated: he is the biggest loser in the stock market this year.

After Musk became the head of the efficiency department of the US government, his drastic federal government cut manpower and budget set off a lot of backlash, and the American and even overseas people vented their anger at Musk to all his company, Tesla, and burned cars and demonstrations. Tesla has also continued to decline recently. In this regard, Xie Jinhe, chairman of Caixin Media, also said bluntly last night: "Musk can be called the biggest loser in the global stock market this year." (Synopsis: Musk wants all American civil servants to "explain the work content of last week or be fired"!) Major government agencies ordered: ignore him) (background added: Musk warns: Meme coins like gambling don't all in!) It's stupid to want to make a fortune on meme) Tesla CEO Musk was appointed as the leader of the Department of Government Efficiency (DOGE) after Trump was elected president of the United States, and slashed the federal government's manpower and budget after Trump officially took office, causing a lot of turmoil. However, it seems that because of Musk's political moves, there have been many waves of anti-Musk protests in the United States and overseas, resulting in all Teslas owned by Musk have also become the target of public anger, malicious car smashing, frequent demonstrations, further leading to a continuous decline in Tesla prices. Tesla shares fell 55.58% According to Google Finance data, Tesla shares have slipped from a high of $488.54 in December last year, and recently hit a low of $217, a drop of 55.58%. As of now, Tesla is priced at $248.71, up 5.27% in the last 24 hours. Xie Jinhe: Musk is the biggest loser in the stock market this year For the recent performance of Musk and Tesla, Caixin Media Chairman Xie Jinhe also posted on Facebook last night, starting with "Musk's hatred value", bluntly saying that Musk is the biggest loser in the global stock market this year. He said that even if Trump drives Tesla to help protect the market, Tesla's stock price is still weak and weak: President Trump can't bear to see Tesla's stock price fall, especially let Musk drive the electric car to the White House, Trump also picked a red car. But even as Trump helps protect the market, Tesla's stock price remains weak. If purely from the stock price point of view, Tesla bet on Trump to win, the stock price before and after Trump entered the White House, the highest rushed to $488.54, the market value to $1.573 trillion, recently fell to $217, the market value of $699.1 billion, the largest decline of 55.58%, Musk can be called the biggest loser in the global stock market this year. In addition, Xie Jinhe also pointed out that Musk's recent politics and the implementation of Tesla's technology and supply chain have led to a continuous decline in Tesla's sales in Europe and China: In the past few days, Musk rescued astronauts stranded in space, which is a touching picture, but the United States is still full of people burning Tesla's cars, some people destroying stores, and some people destroying charging trees. It seems that the public anger caused by Musk's large-scale layoffs in the efficiency department (DOGE) is increasing, a phenomenon much like the great recall wave in Taiwanese politics, and some people have a particularly high hatred value. In addition to the anti-Musk in the United States, over the years, Musk has supported the German AfD or confronted British Prime Minister Skell and caused Tesla's sharp decline in the European market. Tesla's sales in the European market have fallen by five or six percent this year. More seriously, Musk unreservedly handed over technology and supply chain to China, initially allowing him to get great benefits in China, and also completely cut off Taiwan's Tesla supply chain. But now Tesla is being eaten back by BYD and Xiaomi, since the beginning of this year, Tesla's weekly deliveries in China have fallen from 1.5 to 17,000 to 1.1 to 13,000 vehicles, and the trend of recession is becoming more and more obvious. Finally, Xie Jinhe mentioned that Tesla's cash flow may turn negative. Tesla's cash flow in the past 4 quarters, Source: yahoo finance Related reports U.S. stocks keep falling" The wealth of the 5 richest Trump evaporated by $200 billion after taking office, Musk was the most seriously injured and the U.S. government shutdown crisis reappeared! The federal spending of $600 billion in February is a record, Musk DOGE cut spending is ineffective? Musk DOGE cuts federal spending and shouts "save $20 billion for taxpayers", Bank of America slapped in the face: exaggerated "Musk caused Tesla's stock price to collapse by 55%, Xie Jinhe bluntly said: He is the biggest loser in the stock market this year" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".