Tesla now faces headwinds from the president Musk helped elect. Trump, a frequent EV critic, has called for scrapping EV subsidies and policies that have added billions of dollars to Tesla’s bottom line. Musk has dismissed the impact on Tesla of losing subsidies, saying rivals would suffer more.

Explore Tesla, Inc.'s growth potential driven by robotics, AI, and autonomous software. Click here for my updated look at TSLA during an era of turmoil.

Tesla's stock has plunged 45% from its peak, yet its high valuation persists due to faith in Elon Musk's vision of a future driven by autonomous vehicles. However, the gap between Tesla’s current performance and projected innovations raises concerns about the stock's disconnect from financial fundamentals.