The value of Musk’s Tesla stake has plunged by nearly $80 billion amid the ongoing backlash against his Trump ties and his DOGE role.

More than 60 protests were planned for Saturday, and a dozen more for Sunday, at Tesla showrooms across the United States, as backlash continues against CEO Elon Musk for his cost-cutting role at the Department of Government Efficiency.

Crowds have protested billionaire Elon Musk’s purge of the U.S. government under President Donald Trump outside Tesla dealerships throughout the U.S. and in some cities in Europe.