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Car crash for Musk as value of Tesla halves: Shares tumble 50% in three months as recession fears rock global markets

As global markets tumbled on fears that Donald Trump's trade wars will fuel inflation and tip the US into recession, shares in Tesla fell 14%.



As of March 11, 2025, Tesla's stock value has halved in the past three months due to recession fears fueled by Trump's trade wars, causing a significant drop in both the company's and Elon Musk's net worth. Analysts attribute the decline to competition, political backlash against Musk, and falling sales in key markets. The broader market also experienced a tech-stock rout amid global economic uncertainty.

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