Tesla, Rise and Trump
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Elon Musk warned that Tesla could face "a few rough quarters," as it weathers shifting tariffs and the end of EV tax credits in the US.
By Nikhil Sharma and Pranav Kashyap (Reuters) -Wall Street futures were mixed on Thursday as investors sifted through a flurry of earnings from heavyweights like Alphabet and Tesla, all while keeping a watchful eye on U.
Share prices were up 4.5% before the bell Friday. Tesla stock plunged 18% in intraday trading yesterday, the sharpest sell-off in almost five years. It closed down 14.3%.
Wall Street is waking up to a mixed market mood this Friday as U.S. stock futures edge higher, with the Dow Jones and S&P 500 inching closer to fresh record highs. The Nasdaq, however, is under pressure as tech heavyweights like Tesla tumble in premarket trading.
Tesla points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.
Tesla shares closed down 14% on Thursday following the heated exchange, with Mr. Trump threatening to strip Musk's companies of their government contracts. The stock was up $15.20, or more than 5% ...
U.S. stock index futures slipped on Monday as murky U.S. tariff policies kept investors on edge, while Tesla shares took a hit after CEO Elon Musk announced his plans to
Tesla offers FSD as either an $8,000 upfront purchase or a $99-per-month subscription. We believe that the subscription model is likely to be the go-to option for most new Tesla customers, given ...
Tesla's quarter came in largely as expected, with revenue and earnings per share down 12% and 23%, respectively, and coming in at or just above analyst expectations. The company attributed the revenue decline to a decrease in deliveries and lower regulatory credit revenue, coupled with a reduction in average selling price.
Tesla's current trillion-dollar valuation is driven largely by investor belief in future breakthroughs. Read why there are looming obstacles to TSLA's progress.
1don MSN
Tesla rises after President Donald Trump says he struck a deal to set 15% tariffs on goods from the European Union, including automobiles.