As Elon Musk increases his presence in Washington, Tesla's stock performance falters, leading to a significant $103 billion reduction in his net worth. This downturn reflects growing unease and backlash against Musk, casting a shadow over Tesla's recent performance.

Tesla is navigating a rough patch as Elon Musk's activities draw increasing scrutiny.

Backlash against Elon Musk grows, Tesla’s stock sinks—erasing $103 billion from his net worth.

The convergence of Musk's expanding influence in Washington and Tesla's sinking stock paints a concerning picture for the electric vehicle giant.