Tesla's stock price plummeted by more than 15%, marking its worst single-day performance in five years.

Tesla CEO Elon Musk recently told Fox that he has been "running the company very hard" as the company's stock price plunged more than 15% on Monday, its worst single-day performance in five years, sparking concerns about a drop in sales. In addition to Tesla, Musk also spoke about his work at the Trump administration's Department of Government Efficiency (DOGE), and said he expects to stay in the role for another year. As part of his government work, Musk is trying to improve government efficiency by cutting costs and employee numbers. The DOGE team currently has more than 100 people working on the project, but Musk said the team could expand to 200 to help them achieve their goals. For Musk, the past few days have been chaotic. A SpaceX Starship rocket exploded minutes after launch; a "Tesla boycott" movement held nationwide protests at Tesla showrooms; and Musk's social media platform X suffered a cyberattack. Wall Street analysts have a consensus rating of "Hold" on Tesla stock, based on a total of 13 Buy, 11 Hold, and 12 Sell ratings over the past three months. The average target price is $340.31 per share.