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Tesla shares are down 40%. Matt Egan breaks down why shares are tumbling

Tesla shares tumbled, losing more than a third of their value since Trump took office and Musk began wielding power. CNN's Matt Egan reports that the drop in share price probably reflects the concern that Musk has been a much more visible and polarizing figure in the Trump administration than he was expected to be.

03:43 - Source: CNN
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FILE PHOTO: Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File Photo
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