Tesla experienced a drop in share value following a reported massive cyberattack on its associated social media platform X, causing an outage for users. The outage was initially noted by Downdetector early in the day and affected nearly 40,000 users at its peak. While the site remained partially functional, the incident raised concerns over cybersecurity, and the company's stock fell sharply by 15.7%. The fallout extended to Tesla with some consumers selling their vehicles and vandalism at dealerships due to Musk's governmental ties and involvement with former President Donald Trump.
Source: https://www.cbsnews.com/news/is-x-down-twitter-outage-elon-musk-cyberattack-downdetector/
"id": "tes113031125",
"linkid": "tesla-motors",
"type": "Cyber Attack",
"date": "3/2025",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"