Elon Musk’s DC power grab hasn’t been the Tesla-stock jet fuel investors were expecting. Tesla shares have fallen more than 40% since January — erasing all of the “Trump bump” that briefly saw the stock gain more than 90% after Election Day.

Tesla shares dropped amid a broader tech selloff, as analysts warned of lower overseas demand for the EV maker's cars and a consumer backlash against Elon Musk's political activities. The stock closed 5.

As Tesla stock has fallen in recent weeks, members of the board and an executive at Elon Musk's company have sold off millions of dollars in stock, according to filings.

Tesla stock looks attractive for aggressive investors who can handle being bullish when so many others are bearish—and can handle a little surrealism. Beyond the polarizing persona of CEO Elon Musk is an innovative electric-vehicle company in an unusual predicament that is rarely associated with companies worth almost $1 trillion.