Wedbush analyst Dan Ives has predicted a weak performance for Tesla Inc. due to the strained relationship between CEO Elon Musk and President Donald Trump. This prediction comes after a public fallout between the two, with Trump recently criticizing the subsidies Musk’s companies receive.
Elon Musk Criticized by Trump Over Subsidies, Ross Gerber Condemns Tesla Board's Inaction
Investment advisor Ross Gerber has criticized Tesla Inc. board members for remaining silent after President Donald Trump launched a scathing attack on CEO Elon Musk and federal subsidies supporting his company.
Tesla Shares Plummet 5% in Pre-Market Trading on Tuesday: An Explanation
Shares of Tesla Inc. declined 4.78% during Tuesday’s pre-market session. This sudden drop came after CEO Elon Musk reignited political comeback rumors following his criticism of President Donald Trump‘s spending bill.
Tesla's European Sales Plummet, Down Over 60% in Sweden and Denmark Under Elon Musk's Leadership
Tesla’s European sales have taken a significant hit, with sales in Denmark and Sweden experiencing a sharp decline in June. According to recent data, Tesla recorded a 61.57% decline in sales in Denmark and a 64.4% decline in Sweden compared to the same period last year.
Peter Thiel Backs Elon Musk's Billion Robot Vision, Calling Deficit Worries Short-Sighted
Billionaire investor Peter Thiel has expressed his support for Elon Musk’s ambitious plan to create “a billion humanoid robots in the U.S. in 10 years”. However, Thiel also points out that this vision seems to contradict Musk’s concerns about the growing federal deficits.
Elon Musk Expresses Disapproval of Trump's Legislation, Citing Overwhelming Support for Alternative Party
Elon Musk, the CEO of Tesla Inc. and SpaceX, has expressed his disapproval of President Donald Trump’s “Big, Beautiful Bill.” Musk took to social media to voice his displeasure, posting “VOX POPULI, VOX DEI” — the voice of the people is the voice of God.
Elon Musk Eyes Political Revival Amid Criticism of Trump's Spending Bill
Billionaire and Tesla Inc. CEO Elon Musk has sparked rumors of a potential political comeback amid his criticism of U.S. President Donald Trump’s Big, Beautiful Bill.
Gary Black Expects Tesla Q2 Deliveries to Fall Short, Citing Cannibalization Risk from Cheaper Models and Potential 22% Price Correction
Investor Gary Black, founder of The Future Fund, has issued a cautious outlook on Tesla’s upcoming second-quarter deliveries, saying that the EV giant is likely to miss estimates.
Mark Cuban Boosts Worker Pay After Discovering Staff Reliance on Government Assistance
Mark Cuban, owner of the NBA’s Dallas Mavericks, has taken a significant step towards addressing the issue of wage disparity among his employees. Upon discovering that some of his arena staff were reliant on government aid programs, Cuban was prompted to take immediate action.
Elon Musk's Tesla Goes Public 15 Years Ago, Now Worth Nearly 300 Times More
Tesla Inc. is marking its 15th anniversary since its initial public offering (IPO) with a staggering surge in its stock value, now worth nearly 300 times more than its initial value. On June 29, 2010, Tesla generated around $150 million in revenue, primarily from its two-seat electric sports car, the Roadster. The Model S sedan, which would later target the premium vehicle market, was still two years away from launch.