Tesla, Stock trader
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Musk's net worth on Thursday plunged $34 billion, putting his valuation at $335 billion, according to the Bloomberg Billionaires Index. In addition to Tesla, Musk owns The Boring Company, Neuralink, SpaceX, X (formerly known as Twitter) and xAI.
Musk has called to “kill” Trump’s policy bill, criticizing the legislation as “massive, outrageous” and “pork-filled.”
Tesla’s stock is driven by sentiment, which has soured greatly. Plus, Musk has now alienated Republicans and Democrats alike.
Ross Gerber said Musk's beef with Trump is a "disaster," and used the episode as an opportunity to sell more shares.
A breakdown in relations between President Trump and Elon Musk slammed Tesla stock Thursday, along with assets associated with the U.S. leader. Tesla shares regained some ground early Friday. Shares of Musk’s electric-vehicle maker rose around 4% in morning trading.
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Traders dumped Tesla after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill.
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Tesla stock extended declines from earlier in the week as Trump and Musk traded words over the GOP budget bill, which Musk has described as an "abomination."
Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.
Tesla stock has struggled since CEO Elon Musk's political activities. Now he's jousting with the president of the United States.
A feud between President Donald Trump and Tesla CEO Elon Musk hammered shares of the electric carmaker on Thursday, before a lull in the acrimony on Friday prompted a recovery of some losses. Still, as of midday Friday, shares had dropped nearly 10%, wiping out tens of billions of dollars in company value.
Tesla’s shares declined 14% Thursday after the dispute between CEO Elon Musk and President Trump escalated rapidly. The president threatened to eliminate government subsidies and contracts for Musk’s businesses,
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Uber (NYSE: UBER) stock and Tesla (NASDAQ: TSLA) stock are seemingly going head to head as the companies work to capitalize on driverless car technology. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.