What's Going On With Tesla Stock?

Tesla Inc TSLA shares are sliding Monday. Reports indicate the Elon Musk-led company's approval rating has slipped into negative territory. 

What Happened: According to a Wall Street Journal report citing a YouGov survey, Tesla's approval rating has dropped to a net negative score of 1.4%. This marks the first time Tesla has received a net negative score since YouGov began tracking the EV company in 2016.

The report also points to a political divide in sentiment. Self-described liberals now reportedly appear to view Tesla negatively compared to conservatives. 

Check This Out: Is Elon Musk Hurting Tesla? Brand Charm Hits New Low On Heels Of Twitter Takeover

Such likely has a lot to do with Musk's Twitter takeover. The Tesla CEO's tweets appear to have become increasingly political in recent weeks. 

Over the weekend, Musk responded to a follower suggesting he is "getting too political" by saying it "must be done for the future of civilization, without which nothing matters."

Moreover, Tesla investors appear to be concerned that Musk's increased focus on the social media platform could eat into time spent on Tesla. 

What Else: An image of the Tesla Cybertruck with an apparent single-piece rear megacast recently surfaced on social media. Benzinga tracked it down.

Related Link: Tesla Cybertruck Rear Casting Leaked In New Image

TSLA Price Action: Tesla has a 52-week high of $402.67 and a 52-week low of $166.19.

The stock was down 6.14% at $168.01 at time of publication, according to Benzinga Pro.

Photo: courtesy of Tesla.

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