Tesla, Elon Musk’s electric car company, has seen its share price fall by almost half since its December
Tesla’s (TSLA) stock dropped nearly 6% yesterday, following President Donald Trump’s announcement of a 25% tariff on foreign-made vehicles.
Organizers who are part of a campaign called the “ Tesla Takedown ” said they are hoping to spur people into non-violent action against Musk to voice their discontent with Musk’s actions as the head of the Department of Government Efficiency. In his role, Musk has led an aggressive campaign to dismantle parts of the federal government.
Tesla announced its entry into Saudi Arabia, which comes at a critical point as the company reels from declining sales and a falling stock price.
Automaker stocks here and abroad are getting smoked following President Trump's big move to impose 25% tariffs on foreign autos and certain auto parts. But one automaker is up — Tesla.
I have like 17 jobs, at this point,” the DOGE, SpaceX and Tesla boss Musk said Thursday, adding he’s “stretched pretty thin.”
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Tesla CEO Elon Musk urged employees to keep the faith and “hang on to your stock” on Thursday as the embattled automaker contends with vandalism at dealerships and a record surge of vehicle
While Kimball Musk still owns a substantial amount of stock in the company, he sold nearly $30 million last month.