Cathie Wood, the founder, CEO and chief investment officer of ARK Investment Management, maintains her bet that Tesla's stock will reach $2,600 despite concerns about economic headwinds and "noise" around Elon Musk's role in the Trump administration. She also talks about EV competition with BYD, investment opportunities in China and how investors are seeing a more deregulated environment in the US.
US stocks close higher on hopes that President Donald Trump will soften tariffs. Julie Hyman and Josh Lipton examine the trending stories, including Elon Musk's DOGE layoffs, Tesla FBI task force, Nvidia's autonomous driving partnership, and more.
Rebecca Lindland believes Tesla (TSLA) remains a market leader in the autonomous driving space, noting its push for full self-driving in China. That drive for autonomous leadership comes with roadblocks.
Major U.S. equities indexes popped higher following reports that President Donald Trump could limit the scope of the reciprocal tariffs set to take effect on April 2.
The FBI has launched a joint task force with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to investigate a series of violent attacks targeting Tesla properties, including a recent incident involving incendiary devices at a Tesla showroom in Austin, Texas.
The FBI launched a task force with the ATF to investigate threats against Tesla. The task force follows a series of attacks on Tesla vehicles and showrooms, as well as protests.
Three months in, Tesla, Inc. stock is already down 32% this year. Competition is catching up to Tesla's EV dominance as its Automotive segment suffered market share declines. Having said that, Tesla is no longer an EV growth story but rather, an AI and robotics tale.
The ever-volatile stock market bounced Monday as investors once again tilted toward the notion President Donald Trump's tariffs won't be quite as bad as first thought, with the latest rally led by the big technology stocks worst hit by the tariff-related market pullback, including Tesla, which had its best day on Wall Street in more than four months.
FBI Director Kash Patel said on Monday the bureau was probing what he called "the increase in violent activity toward Tesla," adding the bureau had taken steps in recent days to crackdown on such incidents.
Tesla shares are rebounding on reports that US President Donald Trump may narrow the scope of his tariffs. It comes as the automaker faces scrutiny for CEO Elon Musk's involvement with the Trump administration.
Tesla (TSLA 10.20%) stock is seeing strong gains in Monday's trading. The company's share price was up 10.3% as of 2:30 p.m.