Tesla applied for a permit with the California Public Utilities Commission to operate a transportation service in the state — a required first step if the automaker wants to eventually operate a robotaxi service there.
Tesla's stock is down about 40% since hitting a high late last year and investors are bracing for more losses as Elon Musk continues to raise his profile in Washington with President Donald Trump. Tesla's market value fell below $1 trillion this week, but Musk still tops the Bloomberg Billionaires Index.
Stocks headed Friday to the end of a tough week and month, as the market's post-election bump continues to lose steam amid investors' wavering faith in President Donald Trump's economic policies, with Tesla, the car company led by Trump's top deputy Elon Musk, leading the pullback.
TSLA files for approval to launch its robotaxi service, but slowing vehicle sales and Musk's divided attention are rattling investors.
Tesla Inc TSLA is having a rough ride in 2025, and the numbers don't lie. Among the Magnificent Seven , Tesla is the worst-performing stock year to date, down a staggering 25.66%.
As electric vehicles (EVs) continue to gain popularity, Tesla (TSLA) stands out for its cutting-edge technology and commitment to environmental sustainability. Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, weighs in on the shifting EV landscape, sharing his personal experience with Tesla products and how they align with his environmental values.
Anthony Sassine, Senior Investment Strategist at Kraneshares, attributes Tesla's decline to Elon Musk's political activities and strategic missteps, with challenges from competition and doubts about meeting EV targets.
On today's Asking for a Trend, host Josh Lipton explores the latest market (^DJI, ^IXIC, ^GSPC) movements following Thursday's closing bell. Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber analyzes Nvidia's (NVDA) stock decline despite the company beating fourth-quarter earnings expectations, along with Tesla's (TSLA) continued retreat from its post-election gains.
European equities dropped, tracking Asian shares lower, as US President Donald Trump's latest pronouncements on trade tariffs drained investor appetite for riskier assets. Bitcoin plunged, extending declines from its January peak to over 25%.
As Tesla shares continue to decline amid CEO Elon Musk's controversial behavior and involvement in politics, one of the nation's largest labor unions is worried about just how low the stock could go.
Things haven't been this bad since CEO Elon Musk bought Twitter.
Tesla (TSLA -3.04%) and Apple (AAPL -1.27%) were two of the three most popular stocks among retail investors last year, according to Vanda Research. But two hedge fund billionaires bought Tesla and sold Apple during the fourth quarter, as detailed below: