Cathie Wood's Ark Invest made significant stock purchases in the wake of Monday's tech sector selloff, aligning with her approach of “buying the dip” during market downturns. The Magnificent 7 shed more than $750 billion in market capitalization on Monday as recession fears prompted by Donald Trump's aggressive trade policy drove selling.
WATCH: Tesla arrives at White House as Trump vows to buy one to support Musk.
Wedbush's Dan Ives released an analyst note calling out Tesla (TSLA) CEO Elon Musk, urging him to focus more on the company. Caroline Woods notes his and other analysts' commentary surrounding Tesla as its stock price continues to decelerate.
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk needs to “step up” at this critical juncture for the electric vehicle maker, analysts at Wedbush believe. Musk doubling down on the Trump administration as the leader of the Department of Government Efficiency (DOGE) has seen more protests occur at Tesla dealerships and violence against Tesla drivers in the US and Europe, analysts highlighted.
Bryn Talkington, Managing Partner of Requisite Capital Management and Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to explain why they are buying these beaten down names.
Tesla (NASDAQ: TSLA) is exhibiting minor strength but remains in a bearish trend, with an artificial intelligence (AI) tool projecting that investors should brace for further losses before the electric vehicle (EV) manufacturer finds a bottom.
Tesla's CEO is wearing many hats and is managing them "with great difficulty."
A well-known tech analyst and Tesla bull is taking a different approach as Tesla shares drop 50% from a December peak: He's talking to the manager.
Tesla, Inc. faces a complex crossroads due to Musk's political affiliations, slowing demand, and growing competition, challenging its premium valuation. Despite challenges, Tesla remains the global EV leader, with significant strides in AI, autonomy, and ambitious projects like the Optimus humanoid robot. Regulatory hurdles in China and Musk's political endorsements have impacted Tesla's brand perception, leading to organized boycotts and declining sales.
After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) have been battered over for nearly three months now.
President makes statement in support of Musk's ‘baby' as company shares fall hard and owners sell vehicles
Ron Baron, Baron Capital chairman and CEO, discusses Tesla's stock slide and Elon Musk's leadership.