Tesla, Elon Musk and Donald Trump
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The stock market seems to be betting on more trade breakthroughs and favorable inflation data. But the bond market and CEOs might not be so sure about that.
Tesla stock rose 3.40% after being listed as official operator of autonomous vehicles in Austin, with plans to launch robotaxi service on June 12.
Tesla’s stock was on the verge of a technical breakthrough. Then Musk and President Donald Trump had a very public fallout.
Tesla's recent stock decline is driven by sentiment and negative headlines, not core business fundamentals. Find out why TSLA stock is a Buy.
Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.
If you're looking at the electric vehicle (EV) space, you have probably examined Tesla very closely. If you have $1,000 to invest, you might want to consider a company that seems to be successfully following Tesla's playbook.
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Another concern has investors selling Tesla stock today. Musk has started very publicly splitting with President Trump and other Republicans over the spending bill making its way through Congress. That could have ramifications as Musk lobbies regulators for a federal approach to autonomous driving rules.
Tesla has faced severe demand destruction due to a reputational crisis, yet the stock remains resilient due to the powerful narrative and retail