Hundreds of protests at Tesla showrooms have also weighed on the company. Under the banner of a “Tesla Takedown,” opponents of Musk and Trump’s government policies have targeted the company to try to gain leverage over Musk, and demonstrators have continued to swarm Tesla locations, especially on weekends.

Tesla's revenue is down 9% from a year ago and shares have plummeted as carmaker misses Wall Street expectations

Tesla is set to report its first-quarter earnings on Tuesday, and Wall Street is bracing for more pain. The electric vehicle maker's stock is down 44% year-to-date as investors grapple with numerous worries,