Elon Musk loses $15 billion in net worth
Digest more
Despite these issues, Tesla investors appear to be convinced that the company will experience a surge in sales trends at some point. This is evident by the wild premium the stock commands. Shares trade at a price-to-earnings ratio of 169 as of this writing. A valuation like this bakes in huge sales and earnings growth for years to come.
Earnings are expected to be around $0.44 per share, according to consensus estimates, reflecting a 15% drop compared to the previous year, while revenues are anticipated
The potential launch of the America Party by billionaire Elon Musk could result in him committing more time to politics once again, putting key time with Tesla Inc. TSLA on the back burner. What Happened: Passage of the "Big Beautiful Bill" by Congress and President Donald Trump could be bad for Tesla and the electric vehicle sector due to the elimination of the $7,
Tesla ( TSLA -0.52%) stock is on the move again, and for the wrong reasons. The automaker's stock fell 7% on Monday after Wedbush analyst Dan Ives issued a grim report in response to CEO Elon Musk's plans to start a new political party.
Dan Ives, an analyst and longtime fan of Tesla, was scolded by Elon Musk on Tuesday after posting three steps he said the company’s board should take.
Longtime supporters of Tesla and Elon Musk called on its board to pull the CEO back to the troubled EV maker after he said he is starting a new America Party.
X CEO Linda Yaccarino announced her resignation from Elon Musk’s social-media company. That doesn’t directly impact Tesla stock, but it doesn’t make things any easier for CEO Musk. And it’s yet another thing for often-overwhelmed Tesla shareholders to think about.
1d
Investor's Business Daily on MSNDow Jones Futures: Stocks Quiet Amid Trump Tariffs; Elon Musk Tells Tesla Bull To 'Shut Up'Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures.The stock market rally had a narrowly mixed session on the major indexes. Trump tariff headlines were in focus.