Elon Musk faces Tesla sales disaster
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Musk has cast doubt on the child’s paternity but asserts that he has already provided $2.5 million in support and continues to pay $500,000 annually.
From Markets Insider
Tesla’s stock gains have evaporated and its sales are falling around the world.
From The New York Times
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Long-time investors are urging Musk to refocus his attention on the automaker and away from politics. Some have called for the CEO to either resign from DOGE or find another person to run Tesla. Even Tesla bulls like Dan Ives, an analyst with Wedbush Securities, have conceded that Musk’s political efforts are undeniably harming his EV company.
Tesla faces challenges from Elon Musk backlash, affecting sales forecasts. Stifel cuts price target to $455 but retains Buy rating.
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,
Tesla’s (TSLA) stock dropped nearly 6% yesterday, following President Donald Trump’s announcement of a 25% tariff on foreign-made vehicles.
Tesla CEO Elon Musk said on Wednesday that the impact of U.S. President Donald Trump's auto tariffs on Tesla is "significant."
EV maker Tesla's Q1 sales and vehicle delivery numbers were grim, but stock is up on news that Musk may be stepping down from DOGE.