According to Bloomberg Billionaires Index, Tesla’s stock has fallen 8% so far in 2025, resulting in a 19.2% decline in Elon Musk’s net worth—approximately $83 billion lost. A major blow on Tuesday pushed Tesla’s market capitalization below the $1 trillion mark for the first time. Although European car sales have increased by 37%, Tesla’s sales in the region have dropped by 45%. Analysts speculate that Musk’s involvement in U.S. politics may be impacting investor confidence.