In this week's video, I cover need-to-know news about Tesla (TSLA 3.06%) from the week of Jan. 13. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Investors are expecting Musk to benefit more broadly from Trump 2.0.
Tesla, Inc. NASDAQ: TSLA's Cybertruck discounts are bad news for the stock price. The company announced a series of discounts in early January that suggest tepid demand in what should be a growth driver.
U.S. stocks could open on a positive note on Tuesday after Donald Trump's inauguration as the 47th President of the U.S. on Monday.
Tesla (TSLA 3.06%) has been on an absolute tear, with shares nearly doubling over the past few months. Investors expect big things from the electric vehicle (EV) company over the coming years.
Tesla (TSLA 3.06%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy, most recently for his strong support of newly elected President Donald Trump, who has put him in charge of the new Department of Government Efficiency.
Investors can be sure this president won't be as electric vehicle-friendly as his predecessor.
The value of Tesla's brand dropped in 2024 for a second straight year, according to research and consulting firm Brand Finance. Tesla's brand value now stands at around $43 billion, down from $58.3 billion at the beginning of 2024, and behind Toyota at $64.7 billion, the firm said.
The electric vehicle transition has been something to behold, with market leaders such as Tesla (NASDAQ:TSLA) in the U.S.
Morningstar's chief U.S. market strategist highlighted several artificial intelligence stocks that look undervalued.
TSLA offers discounts on new Cybertruck models as its high price, repeated recalls and production setbacks in Austin hinder growth.
From an operational standpoint, both Tesla (TSLA 3.06%) and Rivian (RIVN -1.59%) had choppy years in 2024. However, Tesla's stock skyrocketed higher, while Rivian saw its shares finish the year much lower, down about 43%.