Tesla Was One of the Worst-Performing Stocks in the S&P 500
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Insider |
The quarter was the worst for the carmaker since 2022.
Business Insider |
Indeed, Wedbush analyst Dan Ives called the results a “disaster” and criticized CEO Elon Musk for being distracted by politics in his role at the Department of Government Efficiency.
HuffPost |
Analysts are still not sure exactly how much the fall in sales is due to the protests or other factors.
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Stocktwits on MSNTesla Stock Faces More Pressure As Musk Says Trump Tariffs Will Have An Impact, Retail Clings To Bullish HopesShares of Tesla, Inc. fell more than 5% on Wednesday, snapping a five-session winning streak, and slipped further after-hours as President Donald Trump unveiled 25% tariffs on auto imports. Although analysts and investors have suggested that Tesla could avoid the impact of Trump's tariffs since it produces nearly all U.
Tesla’s (TSLA) stock dropped nearly 6% yesterday, following President Donald Trump’s announcement of a 25% tariff on foreign-made vehicles.
Then Politico dropped a bombshell, reporting that Musk may step away from his role with DOGE, citing three anonymous sources with close ties to the president. Tesla's stock turned firmly higher, as investors and analysts clearly want Musk to get his focus back on Tesla, which has seen its stock crushed this year after a strong post-election run.
Tesla (TSLA) stock has reversed earlier losses that were fueled by first quarter deliveries missing estimates after reports that CEO Elon Musk will be stepping back from US politics. Stifel NextGen transport analyst Stephen Gengaro joins Josh Lipton,
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign
Tesla, Inc.'s stock appears 40% overvalued amid weakening fundamentals. Read my updated analysis on TSLA stock after major shifts in its landscape.
At the rally, Musk admitted that his “Tesla stock and the stock of everyone who holds Tesla has gone, went roughly in half,” and said his current role as the head of the Department of Government Efficiency, or DOGE, “is a very expensive job”.