Tesla, Inc. (TSLA)
Amazon's new quantum computing chip, Tesla and Elon Musk: Catalysts
As Wall Street adjusts to the first full hour of the trading day, Seana Smith and Madison Mills cover the biggest developing market stories while speaking to expert analysts and strategists on Catalysts. Piper Sandler equity research analyst in cloud software and analytics Brent Bracelin drops by to discuss the AI growth challenges Microsoft (MSFT) and Salesforce (CRM) may face.
US union chief calls on fund managers to review Tesla valuation
The leader of one of the largest U.S. labor unions on Thursday called on top asset managers to review Tesla's valuation as the electric carmaker's shares have slumped 30% so far this year.
Tesla Fires a Manager Who Criticized Elon Musk on Social Media
The employee objected to a post on X by Mr. Musk, Tesla's chief executive and a top adviser to President Trump, that referred to Nazi leaders.
Tesla's planned Indian foray: should Indian EV makers be worried?
Tesla is once again in the spotlight as it inches closer to entering the Indian market, after two previously unsuccessful attempts. The latest reports suggest that the EV giant has begun producing vehicles at its Berlin facility for import into India, while also actively scouting potential factory locations.
Tesla seeking approval to offer ride-hailing services in California, Bloomberg News reports
Tesla is seeking approval to offer ride-hailing services in California, a key step by Elon Musk's company to begin carrying paying customers while its traditional car-selling business falters, Bloomberg News reported on Thursday.
Tesla's post-election rally was a rise of speculative assets, says Barclays' Dan Levy
Dan Levy, Barclays U.S. autos and mobility analyst, joins 'Money Movers' to discuss if Tesla's stock is a proxy for bitcoin, the role fundamentals play in Telsa's story, and much more.
Options Trades: TSLA & GOOGL Plunge Continues
Tesla (TSLA) opened on hopes of snapping a multi-session losing streak that sunk its market cap below $1 trillion for the first time since November. Alphabet (GOOGL) hasn't fared much better since reporting earnings earlier this month.
Why Shares of Tesla Are Falling This Week and Have Given Back Most of Their Post-Election Rally
Things can change in a hurry. After Tesla (TSLA -1.13%) saw its stock price explode following President Donald Trump's victory in early November, much of that rally has now been erased, a trend that continued this week.
Elon Musk’s Wealth Plunges $75 Billion
Elon Musk’s net worth is down $75 billion this year to $358 billion, according to the Bloomberg Billionaire Index. While much of this is due to Tesla Inc. (NASDAQ: TSLA), a large portion of his net worth is in other companies. 24/7 Wall St. Key Points: Elon Musk’s net worth has fallen by $75 billion so far this year. That is largely due to a drop in the value of Tesla Inc. (NASDAQ: TSLA). Take this quiz to see if you’re on track to retire. (sponsored) Musk controls xAI, one of the largest privately held artificial intelligence companies. It plans to raise $10 billion, putting its value at $75 billion. Musk owns over half of xAI. Musk and xAI have made an offer for larger OpenAI for $97.4, which OpenAI has rejected. OpenAI has been valued at two times the dollar value of Musk’s offer. A group of investors (Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, and 8VC), including xAI, announced this possible takeover. If the two companies eventually combined, they would be an AI behemoth. AI is widely considered the most important advance in technology—perhaps in history. Musk also owns 42% of SpaceX, the world’s largest rocket company, which has an estimated valued of $350 billion. It is the gold standard for launching both people and commercial satellites. SpaceX has allowed Musk to launch thousands of satellites to create Starlink, which will eventually be able to provide internet service anywhere in the world. The plan is for its satellite total to reach 42,000. Musk’s net worth cratering this year is due to a drop in the value of Tesla, of which he owns just over 10%. Its stock has fallen 25% in the past month, and its market cap has slipped below $1 trillion. A sharp decline in Tesla’s European sales is one reason for the shrinking market cap. In Germany, those sales were off 59% in January from the same month a year ago. The decline in France was 63%. In China, the number of Teslas sold decreased 11% year over year in January. China is the world’s largest electric vehicle market. Additionally, Tesla faced a recent 376,000-vehicle recall in the United States due to a potential loss of steering power. If Musk’s net worth goes back up, it will likely be due to a rise in Tesla shares. The Tesla Model S Was My Dream Car, but These 20 Factors Changed My Mind The post Elon Musk’s Wealth Plunges $75 Billion appeared first on 24/7 Wall St..
Tesla's drop is the 'double-edged sword' of having a high-profile CEO, says Wharton's Americus Reed
Americus Reed, Wharton School of Business professor, joins CNBC's 'Squawk on the Street' to discuss potential conflict of interest concerns of Elon Musk's government role.
$1,000 invested at Tesla stock's all-time high would now be worth this much
Though Tesla Motors (NASDAQ: TSLA) was savaged in the first half of 2024 and even held the dubious honor of being among the worst-performing S&P 500 stocks for a time, it managed a surprise rally in the year's final months.
Tesla: Down 40% In 2 Months, Is It Time To Buy Again? (Rating Upgrade)
While Tesla, Inc.'s recent financial performance has been underwhelming (modest revenue growth and margin contraction), it remains a binary bet on autonomy [FSD robotaxi and Optimus humanoid bots]. In this report, we assess Tesla's latest quarterly report, 2025 outlook, and valuation. In light of a 40% drop in TSLA stock, I am upgrading my rating of it from “Sell” to “Hold,” due to a shift in its long-term risk/reward.
