Tesla's stock has declined due to public backlash over CEO Elon Musk's budget cuts and his involvement with the Trump administration, according to The Street. The company faces violent incidents at its facilities, record-high Tesla trade-ins, and increasing EV competition from Ford, Chevrolet, and Volkswagen. Veteran trader Ed Ponsi said a Tesla recovery is possible, pointing to the company’s diversified portfolio, including Full Self-Driving, Cybercab, and Optimus robot. Ponsi noted that other embattled companies have rebounded after the controversy, and Tesla shares trading under $200 could offer a future buying opportunity.
