Tesla CEO Elon Musk urged employees to keep the faith and “hang on to your stock” on Thursday as the embattled automaker contends with vandalism at dealerships and a record surge of vehicle returns.
Commerce Secretary Howard Lutnick pushed "unbelievably cheap" Tesla stock on Fox News this week. Lutnick is the latest White House member to promote Elon Musk's company amid its sharp stock decline.
Ross Gerber, CEO of Gerber Kawasaki, joins CNBC's 'Squawk on the Street' to discuss why he's pushing for Musk to step down as CEO of Tesla, how Tesla could turn around its brand image, and more.
Musk predicts ‘bright' future despite Tesla bearing brunt of backlash against his role in Trump's administration
CNBC's Phil LeBeau joins 'Squawk on the Street' to discuss Elon Musk's all-hands meeting with Tesla employees.
In 2025 alone, Tesla insiders have sold 477,228 shares The value of these sell orders at the time placed was nearly $164m At the same time, there have been ZERO open market buys from insiders Tesla's collapse has burned shareholders badly this year, but The Next Nvidia stocks could make them rich.
BYD Company Limited has surpassed Tesla as the largest EV maker, benefiting from Tesla's struggles and making significant advancements in self-driving and charging technology. BYD's European expansion, super-fast charging stations, and advanced driving assistance system position it to dominate the EV market. Despite high valuations, BYD's stock is attractive due to its strong market position, favorable PEG and Price/Cash Flow ratios, and growth prospects.
Tesla stock (NASDAQ: TSLA) is in a precarious position. To be more precise, it is, as of the time of writing, the second-worst performing stock in the entire S&P 500 index.
Elon Musk hosted a late-night Tesla all-hands on Thursday and addressed the plunging share price. Wedbush analyst Dan Ives hailed the meeting as a "step forward" that showed Musk was "reading the room.
Amid mounting concerns about what his White House role means for his day job as Tesla chief executive officer, the world's richest man Elon Musk convened Tesla employees for a livestreamed all-hands meeting late Thursday, urging them to “hang on to your stock” in the carmaker as it navigates a chilly three-month stretch.
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has told the company's employees to hold onto their stock following a 50% drop from its all-time high in December 2024. Tesla is facing multiple challenges, including slowing sales in key markets, and criticism related to Musk's role in the Trump administration and the CEO's focus on his other business ventures.
Tesla (TSLA -0.08%) has long been a battleground stock, but recently, the fight between bulls and bears around the EV maker has reached a fever pitch.