Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products. The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future. Read More
Thursday was not a quiet day on the news front. Elon Musk fired a shot across the bow, and President Trump took the bait, hook, line, and sinker to mix metaphors. The market responded by selling Tesla very hard...
President Donald Trump has hinted at a possible reconciliation with Elon Musk following a public spat. The White House is reportedly working to de-escalate the situation.
SkyBridge Capital founder Anthony Scaramucci stated on Thursday that President Donald Trump‘s political influence has begun to decline, coinciding with a $152 billion market capitalization loss for Tesla Inc. (NASDAQ:
Despite the escalating feud between Elon Musk and Donald Trump, analyst Dan Ives remains optimistic about Tesla's future but warns the conflict could disrupt the regulatory framework, causing significant market volatility.
Major cryptocurrencies declined sharply on Friday, with the total crypto market cap falling 3.77% to $3.18 trillion. Bitcoin (CRYPTO: BTC) maintained a 63.7% dominance, while Ethereum (
This has been a bruising week for Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, both on the personal and professional fronts, as the public spat with President Donald Trump takes a toll on the company's stock, alongside the billionaire entrepreneur's personal fortune.
The escalating feud between Elon Musk and Donald Trump has sparked reactions from political leaders, with figures like Chuck Schumer and Mike Johnson weighing in as the conflict threatens to impact both the GOP and Musk's business empire.
Musk, the world’s richest person, saw his net worth drop by roughly $34 billion, as a large portion of his wealth is linked to his electric vehicle company.
The Dow closed the session -108 points, -0.25%, while the S&P 500 slimmed -31 points, -0.53%. The Nasdaq shed -162 points, -0.83%, as Tesla shares slid to their worst one-day loss in history, -14%.
The major indexes finished the day in the red. The Nasdaq dropped 162 points, snapping a three-day win streak alongside the S&P 500, while the Dow posted a triple-digit loss as well.
