Tesla's Rollercoaster Ride Continues

Tesla Inc. experienced a significant drop, falling over 5% in early trading on Thursday. This decline comes after a brief rally yesterday, fueled by CEO Elon Musk's ambitious plans to double vehicle production in the United States within the next two years and his commitment to remain at the helm of the company.

Market Volatility and Leadership Concerns

However, the optimism was short-lived as today's session brought new challenges. The stock's volatility and ongoing concerns about Musk's leadership style, particularly his involvement with the Trump administration, have left investors wary. By 10:12 am ET, Tesla's shares were down 5.26%, trading at $236.26.