Summary ⚈ Tesla's stock surged despite poor Q1 2025 results, including missed revenue and EPS expectations, and a decline in vehicle deliveries.⚈ Analyst Gordon Johnson raised concerns of market manipulation, citing suspicious options activity and calling for an SEC investigation.
Morgan Stanley analyst Adam Jonas sees other auto makers coalescing around the companies' self-driving technology.
Tesla sales in some European markets fell sharply in April, in an acceleration of a trend seen since the beginning of the year for Elon Musk's EV brand, as Europeans buy more Chinese cars and some protest against his political views.
Despite periods of extreme volatility that would test the conviction of even the most mentally tough investors out there, Tesla (TSLA -0.48%) shares have been a monster winner. In the past decade, they have produced a phenomenal return of 1,800% (as of April 29).
Every investor should be looking for the next Tesla. Since 2010, Tesla shares have risen in value by more than 20,000%.
According to a new, brow-raising WSJ report, Tesla's board quietly began searching for Elon Musk's potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending.
For a while, it looked like Elon Musk's political side hustle might cost him his day job. But according to Dan Ives of Wedbush, one of Wall Street's most influential Tesla Inc (NASDAQ:TSLA) bulls, the boardroom drama has cooled, and Musk is now back in the driver's seat.
Tesla (TSLA) chair Robyn Denholm Thursday denied a report that the EV maker's board members had reached out to several executive search firms to start a formal process to replace CEO Elon Musk.
Tesla Inc.'s chair denied a report that said board members started a search for a chief executive officer to succeed Elon Musk, saying directors are “highly confident” in his abilities. The Wall Street Journal reported late Wednesday that unidentified Tesla board members had reached out to executive-search firms about a month ago, citing people familiar with the discussions.
Tesla is pushing back against a Wall Street Journal report claiming its board is actively seeking a successor to CEO Elon Musk.
Electric vehicle (EV) biggie Tesla TSLA had a rough start this year. It saw its sales slipping across all key regions, including the United States, China and Europe.
It hasn't been an easy year for electric vehicle maker Tesla (TSLA -3.08%), which has seen its stock fall roughly 30% this year (as of April 30 market close). The company reported disappointing first-quarter results, with deliveries of roughly 337,000 coming in the lowest level seen since 2022.