2hon MSN
Tesla stock rises following a report that CEO Elon Musk will soon step away from his government role, Rivian tumbles after first-quarter deliveries drop 36% from a year earlier, and Trump Media falls after a filing seeks to allow a trust headed by President Donald Trump to sell around $2.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
Trump is planning to enforce 25% tariffs on the auto industry, so why is Tesla cruising while others are in a spiral? Here's what to know.
Reports of Elon Musk’s impending departure from the White House could not have been better timed for Tesla’s stock prices, which had started plummeting after its dismal Q1 report was released its morning.
Elon Musk's past 24 hours have shown troubling signs for his political and personal fortunes.
Tesla shares fell Wednesday after the electric vehicle maker's first-quarter deliveries came in below analysts' expectations.
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Even longtime bull couldn't sugar coat the EV maker's sales figures. "They were a disaster on every metric," wrote Wedbush Securities' Dan Ives.
Higher interest rates and an uncertain economy are wreaking havoc on Tesla. Not only did unit sales barely grow in the fourth quarter of 2024 (they grew 2% year over year), but automotive revenue also tanked as the company aggressively cut prices.
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