TSLA's sharp drop puts ETFs like XLY and DRIV in focus as investors weigh risks, valuation pressure and long-term innovation bets.
The stock market survived the longest government shutdown in U.S. history with minimal impact. But it tumbled on Thursday, November 13, amid a sell-off of tech stocks as worries about overinflated values and interest rate cuts grew.
Baron said he's already made about $8 billion from Tesla over the years, and he believes he could make five times that over the next decade
Shares of Tesla Inc. NASDAQ: TSLA were trading around $430 on the afternoon of Nov. 12, in what was shaping up to be yet another quiet session. The stock has been uncharacteristically range-bound between $420 and $470 for almost two months, with every attempt to break out, in either direction, swiftly rejected.
Tesla is recalling around 10,500 of its Powerwall 2 home, backup battery systems due to risk of overheating, burns and fires. The U.S. Consumer Product Safety Commission and Tesla said, in a recall notice, that the issue was due to a "third-party battery cell defect.
The Elon Musk-led company recently said it would recall some residential energy products.
CarPlay allows users to control iPhone features such as navigation, music and messaging through a vehicle's built-in display.
Tesla's new Model Y+ boasts 821 km of range and aims to reignite China sales after hitting a three-year low in October.
Tesla is recalling more than 10,000 Powerwall 2 home batteries sold in the U.S. after nearly two dozen confirmed incidents of the units overheating, emitting smoke, or catching fire.
Tesla said on Thursday it is recalling about 10,500 units of its Powerwall 2 battery power systems in the U.S. for fire and burn hazards after receiving 22 reports of overheating.
TSLA bets big on its humanoid robot Optimus, planning mass production by 2027 to fuel its next growth chapter beyond EVs.
Tesla Inc.'s (NASDAQ: TSLA) share price is 3.5% lower than a week ago, when it was trading near an all-time high, after shareholders approved CEO Elon Musk's record-breaking $1 trillion pay package and some key executives left the company.