With Tesla stocks plunging, owners rushing to sell their vehicles, and protests against Elon Musk's car company growing, it's been a bad time for Tesla and its Trump-supporting CEO. And on Tuesday, The Late Show host Stephen Colbert used his monologue to break it all down.

A wave of protests against Elon Musk’s Tesla have spread to Britain amid a growing backlash over the billionaire’s support for Donald Trump. Two protests at dealerships in London and Manchester are planned this weekend, as part of a series of “Tesla Takedown” demonstrations that have become frequent sights in the US.

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.