Tesla dropped from industry leader to average brand loyalty levels, losing about a third of its repeat customers, due to Elon ...

Tesla stock dips as second-quarter earnings reduce investor confidence Tesla announced Wednesday that its automotive sales totaled $16.6 billion in the second quarter, a 16% drop from last year.

President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.

Tesla shares plunged as much as 10% in early trading Thursday as investors digested another dismal quarter of car sales – and CEO Elon Musk’s admission that slump may not end anytime soon.

Nelson downgraded the company’s stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are saying that the time for Musk to take action is running out.

Tesla shares are falling after CEO Elon Musk warned of “a few rough quarters” as the company shifts focus to offering a self-driving taxi service.