Tesla Inc. (NASDAQ: TSLA) stock has been a market darling, up over 20,800% since it came public in 2010.
Tesla Inc (NASDAQ:TSLA) shed nearly $36 billion in market value after hours. Its share price fell 3.55%, following outspoken political attacks from CEO Elon Musk and signs of continued weakness in international sales.
Tesla stock (NASDAQ:TSLA) has increased by nearly 20% over the last month. This surge is partly attributed to a general market upturn, but a more significant factor has been CEO Elon Musk's renewed dedication to Tesla after stepping down from his government advisory position.
Tesla stock had a miserable day on Wednesday. There are four reasons why.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss on Tesla's Robotaxi launch following a fatal accident in its self driving vehicle.
As Elon Musk touts robotaxis in Austin, federal regulators are investigating whether the system is dangerous even with a human behind the wheel. Bloomberg's Craig Trudell reports.
Tesla, Inc. strategically navigates political turbulence, insulating global supply chains and safeguarding long-term autonomy and AI innovation. CEO Elon Musk's public political pivot temporarily affected ESG sentiment, but a renewed technology-only stance significantly restores operational confidence. Volatility is expected; visionary investors focusing on Tesla's autonomy and robotics road map can reasonably expect exceptional long-term alpha from TSLA stock.
While Tesla's stock is down about 28% from its all-time closing high, it is up nearly 20% over the past month. Excitement could be building ahead of the company's robotaxi launch expected later in June.
The price-to-earnings (P/E) ratio is one of the most widely used tools to evaluate a stock's valuation and is quite easy to understand. It simply divides a company's current share price by its earnings per share (EPS), providing insight into how richly or conservatively a company is being valued by the market.
U.S. automaker Tesla's China-made electric vehicle sales fell 15% in May from a year earlier to 61,662 vehicles, data from the China Passenger Car Association (CPCA) showed on Wednesday.
For investors, the Trump-Musk budget spat risks taking the focus of robotaxis.
Tesla's vehicle sales jumped to 3,897 in May, primarily driven by record sales of its recently revamped Model Y compact sport utility vehicle. Total sales in Australia were up just 9.3% year over year but surged 675% from April, according to the Australian Electric Vehicle Council.