It’s only Tuesday, and yet Tesla (TSLA) stock is already down 9.2% this week. In fact, if you include Friday, in just the last three sessions TSLA shares have given up 12.2% or $147 billion in market cap.

Tesla shares can’t stop sliding. The stock sank 6.3% to $328.50 Tuesday and was the day’s worst performer on the Nasdaq 100. It was Tesla’s lowest close since Nov. 15 and its fifth consecutive day of falling.

Tesla (NASDAQ: TSLA) stock has been in freefall, and that accelerated today. Shares of the electric vehicle (EV) leader are now lower by more than 15% so far this year. As of 1:40 p.m. ET, Tesla shares were down by 5.

The reasons Tesla's stock is under pressure are numerous. For one, numbers on Tesla sales from important overseas markets have come in soft to kick off the year. The readings have triggered some concerns in Tesla circles that Musk's close proximity to Trump is damaging its brand.

Coming into Wednesday trading, Tesla stock dropped for five consecutive trading days, losing about 16% in the process. Shares are down about 23% since the Jan. 20 presidential ina