Investors are questioning the tech billionaire's involvement in Trump's administration, while shares in his Tesla electric-car company plummet.It was perhaps the clearest sign yet that Tesla CEO Elon Musk's political maneuvering has backfired.

Despite that, Elon Musk announced that Tesla would double production in America over the next two years. This raises the natural question: How is that going to happen? According to Tesla's Q4 2024 update,

This suggests that a reaction from consumers who dislike Mr Musk’s antics are only one reason for falling sales. An updated Model Y, Tesla’s best-selling vehicle, has just gone on sale. In preparation Tesla ran down inventory of the old model, crimping supply. Customers doubtless held off purchases until the new car was available.