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Tesla CEO Elon Musk didn't appear to like Wedbush analyst Dan Ives' suggestion that the company should rein in Musk's time spent on politics.
During a feud with President Trump, Tesla Chief Executive Elon Musk announced plans to start his own political party. Shares for his company fell more than 6% Monday.
Tesla’s troubles go far beyond CEO Elon Musk’s recent dust-up with President Donald Trump, who accused the former “first buddy” of going “completely ‘off the rails’” in a social media slap fight over the weekend.
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
The U.S. is going to provide more weapons to Ukraine after having recently paused a shipment to the country, Trump said. He added that he's "not happy" with Russian President Vladimir Putin.
The veteran Tesla bull says there is a "sense of exhaustion" from many investors that their CEO keeps heading down the political track.
8don MSN
Sales of Tesla electric cars fell sharply in the last three months compared to a year earlier as boycotts over Elon Musk’s political views continue to keep buyers away.
Trump, making his first comments on Musk’s criticism of his bill during an Oval Office press conference, insinuated the Tesla CEO opposes his “One Big Beautiful Bill Act” because he is “upset” the electric vehicle tax credit was removed, adding he’s not sure he’ll remain friends with Musk and alleging Musk “knew the inner workings of the bill.”
After his split with President Trump, Elon Musk says he's forming a new political party, perhaps to compete for key congressional contests. It likely wouldn't be easy.