Tesla’s financial tale, however, has taken a turn since Trump took the oath of office with Tesla stock down over 17% since Jan. 21, as of midday Friday. Just weeks before the inauguration, Tesla reported the first full-year drop in global sales in its history as a public company, according to a report from CNN.

Is Elon Musk's political profile and BFF status with President Trump hurting Tesla sales? Maybe — but it's complicated, analysts say. Why it matters: Tesla is by far the U.S. EV sales leader and long the world's top seller (though it has recently been trading the lead with China's BYD).