Tesla, Inc. (TSLA)
Tesla Optimus robotics vice president Milan Kovac is leaving the company
Milan Kovac, Tesla's vice president in charge of Optimus humanoid robotics, announced on Friday that he's leaving the company. Kovac started at Tesla in 2016 and reported to CEO Elon Musk, who thanked him for his contributions in a post on X.
Tesla already had big problems. Then Musk went to battle with Trump
The escalating feud between Elon Musk and President Donald Trump is adding to Tesla's challenges, which were already mounting. The stock's plunge on Thursday wiped out $152 billion in market cap, the most for any day in the company's 15-year history on the public market.
Tesla Loses Leader of Optimus Robotics Project
Milan Kovac was a top AI executive and led development of a humanoid robot that is central to Elon Musk's vision for the electric vehicle maker.
Tesla's Optimus humanoid robot program head exiting firm, Bloomberg News reports
The head of Tesla's Optimus program, Milan Kovac, is leaving the company, casting uncertainty over chief executive Elon Musk's humanoid robot project, Bloomberg News reported on Friday, citing a person familiar with the matter.
The Score: Tesla, Cleveland-Cliffs, Dollar General and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Tesla's Optimus robot VP is reportedly leaving the company
The head of Tesla's Optimus humanoid robot program, Milan Kovac, is leaving the company according to Bloomberg News.
Retail traders scooped up Tesla as Trump-Musk spat hit stock
Retail investors seem to have spotted an opportunity in the sudden feud between U.S. President Donald Trump and his former ally, Tesla CEO Elon Musk, scooping up shares of the electric car maker as they tumbled on the acrimonious standoff.
Trump-Musk induced Tesla slide points to market risks from massive stocks
The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks.
Tesla shares rebound as Wedbush sees Trump-Musk reconciliation as “huge relief” for investors
Tesla Inc (NASDAQ:TSLA) shares surged more than 5.5% on Friday as investors welcomed signs of a possible détente between CEO Elon Musk and President Donald Trump following a volatile day of public sparring that had raised concerns over future regulatory risks. Wedbush analyst Dan Ives acknowledged the drama surrounding the pair's recent falling-out, calling it “one of the strangest Twilight Zone days we have seen” in years of covering Musk, but stressed the market reaction had gone too far.
Tesla's stock is too expensive — even if Musk and Trump make up
Also: Rules for investors as the S&P 500 claws its way back, how to manage bond-market risk and advice from the Moneyist.
More Bad News For Tesla Amid Musk-Trump Spat: Goldman Forecasts Worst-Ever Quarterly Delivery Growth
This disagreement “could potentially (temporarily) alienate multiple sides of the political spectrum," warned Morgan Stanley analyst Adam Jonas in a Friday note.
Trump considers getting rid of his Tesla on heels of Elon Musk feud
President Donald Trump is mulling selling or giving away a Tesla he bought in March. Trump and Elon Musk fell out on Thursday after the Tesla CEO harshly criticized a major tax bill the president wants Congress to pass.
