Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO's involvement in the Trump administration. Now those protests are listed in an official “risk factor” in paperwork Tesla is required to file with federal regulators.
U.S. stock indexes rallied at midday Wednesday as President Donald Trump said he has "no intention" of firing Federal Reserve Chair Jerome Powell and made further comments suggesting a de-escalation of the trade war with China.
Tesla (TSLA 7.40%) stock has climbed 8% after reporting what can only be described as a terrible first quarter of 2025. The company's sales dropped, and it was profitable only because of regulatory credit sales.
Investors interested in what Elon Musk says is ahead for Tesla (TSLA), rather than the company's latest numbers, got some fresh information from the electric vehicle maker's CEO yesterday.
Tesla TSLA reported dismal first-quarter 2025 results, missing estimates for earnings and revenues. However, shares of Tesla jumped more than 5% in after-market hours after CEO Elon Musk injected optimism by reaffirming the company's goals for the launch of robotaxis and affordable vehicles.
Tesla Inc (NASDAQ:TSLA)'s Optimus humanoid robot project could be delayed by restrictions on the export of rare earth minerals from China, CEO Elon Musk told investors during the company's first quarter earnings call on Tuesday. Musk described the situation as a “magnet issue.
Tesla, Inc. printed horrible Q1 numbers after the bell yesterday but the stock is up +5% on Musk reducing time at DOGE. We think it's up for the wrong reasons. Tesla's problem isn't Musk being distracted, it is heavy Chinese competition causing pricing pressure in the world outside America and softer demand in U.S. Tesla stock doesn't always trade on fundamentals, but fundamentals aren't escapable forever, and even with Musk, Tesla won't be immune.
Elon Musk gave Tesla bulls plenty to believe in during Tesla's earnings call. Musk said he would reduce his efforts at DOGE and focus more on Tesla starting in May, but would "continue to spend a day or two per week on government matters.
Tesla shares rallied despite missing top and bottom line estimates and reporting a 20% year-over-year drop in automotive revenue and a 71% decline in net income. Musk said he will spend "significantly" less time at The Department of Government Efficiency starting next month.
Tesla, Inc.'s stock has experienced a significant decline, dropping 57% from its peak due to market selloff and operational challenges. Despite a poor quarter, Tesla remains fundamentally strong with a solid support level, improving technical indicators, and positive long-term catalysts like FSD and robotaxi developments. Tesla's financials show resilience with a GAAP net income of $409 million and $664 million in free cash flow, despite lower automotive revenues.
Despite a weak first quarter, Tesla shares rise in after-hour trading on Musk's vision for budget EVs, robotaxi trials and Cybercab rollout.