A 3D-printed miniature model of Elon Musk and the Tesla logo are seen in this illustration taken January 23, 2025. REUTERSA 3D-printed miniature model of Elon Musk and the Tesla logo are seen in this illustration taken January 23, 2025. LOFTY STOCK VALUATIONAn open clash with Trump could pose multiple hurdles for Tesla and the rest of Musk's sprawling business empire. Tesla stock is down 26.9% this year following a 14% drop on Thursday. Tesla shares fall after hitting record high post election.