Elon Musk’s big week, from spurring a Netflix cancelation wave to blowing out EV sales estimates; Tesla stock falls

FortuneThursday, October 2, 2025 at 9:23:48 PM
Elon Musk’s big week, from spurring a Netflix cancelation wave to blowing out EV sales estimates; Tesla stock falls
Elon Musk had a tumultuous week, marked by a wave of Netflix cancellations and unexpectedly high EV sales estimates, yet Tesla's stock took a hit, closing down 4.5% at $439. This decline raises concerns about whether the recent sales figures can truly indicate a turnaround for the company, especially amidst growing skepticism and backlash against Musk. Investors are left questioning the sustainability of Tesla's performance in a challenging market.
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