Apple and other major U.S. tech stocks tumble after President Donald Trump announces sweeping global tariffs, Nvidia falls even as the White House says tariffs on Taiwan wouldn’t apply to semiconductors, and apparel makers such as Nike drop sharply since they use Asian factories to make most of their products...

Signs of Tesla's (NASDAQ: TSLA) brand crisis are almost everywhere you look. Over the weekend, more than 200 "Tesla Takedown" protests were held across the country as Americans expressed their ire about CEO Elon Musk's project to downsize federal agencies -- which President Donald Trump refers to as the Department of Government Efficiency (DOGE) -- by targeting his company. Sales in Europe appear to be plunging; registration data showed Tesla sales were down 42% across most of Europe in the first two months of the year...

Rivian’s (RIVN) Q1 production and deliveries totaled 14,600 and 8,600, respectively, slightly ahead of the 14,000 and 8,000 guidance as it moves to build up inventory in the early part of the year ahead of its planned second half shutdown at Normal for the R2 expansion, Truist tells investors in a research note. The firm, which made no change to its Hold rating or $14 price target, says that while the numbers for Q1 were largely in-line with prior commentary and Street estimates, the shares and...

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Wells Fargo analyst Colin Langan calls Tesla’s (TSLA) Q1 delivery report a “big bust.” The company reported a year-over-year decline of 13% and a consecutive quarter of failing to meet the quarterly consensus, the analyst tells investors in a research note. The firm expects the shares to trade down as “deteriorating fundamentals continue to take the spotlight.” Wells says Tesla’s high financing incentives were not enough to help the Q1 results. The firm has an Underweight rating on the shares wi...

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