Tesla, stocks
Digest more
Top News
Impacts
Reactions and opinions
As of this writing, Tesla trades below $300 per share.
From USA TODAY
The drop of 13% is likely due to combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics.
From U.S. News & World Report
The backlash against Mr Musk has included "Tesla Takedown" protests at Tesla dealerships across the US and in Europe.
From BBC
Read more on News Digest
Stock shares in Tesla jumped Wednesday after reports suggesting Elon Musk could leave the White House and his Department of Government Efficiency role. Tesla stock was up about 5% at one point during the day amid the reports that the White House called "garbage.
Tesla reported first-quarter deliveries were well below analysts' estimates. Shares in Musk's signature company are down roughly 30% this year.Musk chose this path himself. He has enthusiastically touted the White House DOGE office,
Reports of Elon Musk’s impending departure from the White House could not have been better timed for Tesla’s stock prices, which had started plummeting after its dismal Q1 report was released its morning.
Higher interest rates and an uncertain economy are wreaking havoc on Tesla. Not only did unit sales barely grow in the fourth quarter of 2024 (they grew 2% year over year), but automotive revenue also tanked as the company aggressively cut prices.
The bank is skeptical about the timing of a cheaper Tesla model, as well as the success of a coming robotaxi service.
Explore more
2don MSN
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Tesla shares fell Wednesday after the electric vehicle maker's first-quarter deliveries came in below analysts' expectations.
On Sunday night, Walz attempted to broach a truce with Musk and promised not to mock Tesla stock drops any more, that is, if Musk did something in return. “ Elon, I’ll make you a deal. I’ll stop making fun of your stock when you take your hands off social security.”
Tesla (TSLA) is having a rough start to 2025, with its stock down 33% year-to-date. For a stock that’s been a darling of tech and growth
Tesla shares gained a day ahead of the electric vehicle maker's first-quarter deliveries data expected Wednesday.