Multiple factors have converged to drive down the price of Tesla stock by 50% since December. Here's how investors can manage their portfolios’ volatility.

Tesla shares dropped more than 15% on Monday, making it the worst performer in the S&P 500 Index. Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced.

"It's become clear he's now spending more time on DOGE than anything else," said one analyst of Elon Musk.