Tesla’s stock is driven by sentiment, which has soured greatly. Plus, Musk has now alienated Republicans and Democrats alike.

Key TakeawaysTesla is expected to launch its autonomous ride hailing service later this month, perhaps as soon as this week.The company has yet to confirm or deny a report from Bloomberg that it is targeting a June 12 launch for the robotaxi.

Traders dumped Tesla after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill.