Tesla Inc., widely known for its electric vehicles, tops the list of companies that have lost the most value in the stock market in 2025. According to Reuters on June 6, 2025, Tesla’s market capitalization dropped by 29.3%, falling to $917 billion—meaning a loss of over $380 billion since the beginning of the year.
This decline is attributed to various factors, including a drop in demand for electric vehicles and political tensions—particularly disputes between Tesla’s CEO, Elon Musk, and U.S. President Donald Trump.
On Thursday, Tesla’s stock took a sharp hit after Trump warned on social media that he might cancel federal contracts with Musk’s companies. This followed strong criticism from Musk, who posted on X: “Trump’s tax and budget plan is the worst ever.”
Following the controversy, staff at the White House reportedly began preparing a meeting between Musk and Trump to ease tensions, Reuters reports.
Although Tesla’s stock rebounded slightly on Friday, market analysts say the ongoing war of words could continue to damage the company’s image and value. At the beginning of the year, Tesla ranked as the 8th most valuable company in the world, but it has now dropped to 10th.
Meanwhile, Microsoft has become the most valuable company globally, bolstered by growth in artificial intelligence (AI), while Apple has fallen to 3rd place due to issues in the Chinese market and new import regulations under Trump.
