Nasdaq remains in the red and is on track for its fifth straight losing week. Its longest stretch of weekly losses since May 2022. Trump, who has been quick to brush off the possibility of a recession in interviews, also brushed aside the stock market sell-off.

A Trump Cabinet secretary violated the law when he told TV viewers this week to buy Tesla stock, but it's not clear that anything will be done about it.

Commerce Secretary Howard Lutnick claimed that there will never be a better time to buy Tesla stock, in what legal scholars say could be a Hatch Act violation.

Traders betting against Tesla (NASDAQ:TSLA) have made $16.2B by shorting its stock over the past three months as the electric vehicle maker’s market value dropped nearly 50%, Business Insider reported this week,

Elon Musk sought to reassure Tesla Inc. employees through what he referred to as “a little bit of stormy weather,” after the carmaker’s shares plunged more than 50% in just three months.

I have like 17 jobs, at this point,” the DOGE, SpaceX and Tesla boss Musk said Thursday, adding he’s “stretched pretty thin.”

As the White House appears to go “all-in on propping up Tesla’s stock,” political polarization is moving from companies and their products — think Bud Light — to the stock market.

One presidential historian says he can’t recall “a single instance when an administration endorsed a particular company.”

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