Tesla Stock Extends Selloff; ‘Politicized’ Brand Faces Backlash
Tesla shares dropped amid a broader tech selloff, as analysts warned of lower overseas demand for the EV maker's cars and a consumer backlash against Elon Musk's political activities. The stock was down nearly 4% at below $229 in midday trading,
Read This Before Buying Tesla: Why You Should Sell the Dip on TSLA Stock Instead.
TSLA stock has declined significantly from its recent peak, but that peak was mostly due to a wave of hype after Donald Trump was elected. Elon Musk’s involvement was seen as a bullish thing not only for Tesla, but for the broader economy and many Tesla investors thought this could bring about a boom for the company as Musk gains sway in D.C.
Wall Street is sounding the alarm over Tesla's stock slump. The sentiment among employees? Shrug.
Tesla stock slid again Monday even as the broader market continued to pull itself out of correction territory, as shares of ...
Tesla shares slid Monday as Mizuho analysts trimmed their price target for the stock, pointing to weakening demand and ...
according to data from S&P Global Market Intelligence. As the chart below shows, the stock fell through most of the month ...
American depositary receipts jumped 2.6% after the EV maker unveiled a new charging system that it said will allow its cars ...
Tesla shares rose close to 4% Friday amid a broader market rebound, but posted losses for the eighth week in a row, with some ...
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Monday as the stock market digests Treasury Secretary Scott Bessent's comments on the possibility of a U.S. recession.
Trump's strong backing of his ally's company has eased some of Tesla's stock struggles - but also sparked major ethical ...
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