Tesla shares have fallen 28% since Elon Musk took over Twitter, lagging other carmakers

In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022.

Since October 27, when Musk bought the micro-messaging service, the company's shares have fallen 28%.

BYD, a Chinese company that makes electric vehicles and batteries, is up since October 27th. Rivian has fallen over that time.

On Tuesday, the company's stock price fell more than 4%. It was a rare exception among growth oriented tech stocks, which rose after the inflation data came out.

The company's largest retail shareholder, who is a billionaire and founder of the IT services firm SHI International, called for the company's board to perform shock therapy to resuscitate stock price after the company's stock price fell.

Musk sold a lot of his holdings to finance the takeover. Musk often paints enemies with a "woke mind virus", and since he took over the company, he has been posting a lot of inflammatory statements.

The Director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, and trans people were targets by Musk.

The White House criticized Musk, as well as John O. Brennan, the former CIA director, for their comments.

There are so many issues with theTesla brand when the board can't rein in the CEO.

Economic conditions and an aging product lineup have put pressure on the share price. Mass production of the Cybertruck has been delayed. The Cybertruck design was first shown by the company in 2019.

The start of deliveries of its fully electric, heavy-duty Semi truck was marked by an event at its Nevada battery factory. There was no mention of self-driving tech, a million mile warranty, or production numbers at the event.

The company is facing backlash over a long delay in delivering self-driving technology to its customers. In the U.S., customers are trying to get refunds for self- driving systems they paid for.

None of these systems make it safe to drive a car without a human behind the steering wheel.

The California Department of Motor Vehicles has complained about false advertising surrounding the systems.

Some fans of the company think the stock price is a good time to buy.

There is a new vehicle assembly plant in Austin, Texas. The company brought a manufacturing leader from China to help mature the Austin operation.