Tesla (TSLA) has been through a rough patch from recalls to fierce competition in China afflicting the EV maker's first-quarter 2024 performance. Currently, Tesla CEO Elon Musk is disputing a Reuters report citing Tesla's plans to cancel its low-cost EV strategy as it contends with competition in China.  Roth MKM Senior Research Analyst Craig Irwin joins Market Domination to discuss the contested news with Tesla and why he believes, despite the recent slowdown in demand for EVs, he remains bullish long-term on the EV company. Irwin affirms: "People know me as a bear on Tesla. I'm bearish on the valuation... but I'm a bull on EVs for the long term. Why? Because EVs are so compelling. 65% fewer components. They should be cheaper than ICE [internal combustion engine] vehicles... If price comes down dramatically on these — maybe shorter range, smaller vehicles something comparable to like a Mini Cooper or something like that — you could have a compelling inexpensive vehicle that would be a massive seller in Europe and a great second car here in the US. Yes, price matters." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino...

Tesla CEO Elon Musk accused Reuters of "lying" on Friday after the media outlet reported the electric vehicle giant has abandoned its long-planned low-cost vehicle model...

Cathie Wood isn’t brash or bombastic, but she does have strong opinions and she’s happy to share them. In fact, convincing people of her investing thesis—that technologies such as artificial intelligence, robotics, energy storage, DNA sequencing, and blockchain technology will change the world—is her passion, or even her mission. This was all apparent during an onstage interview I did with Wood, who is the founder, CEO, and CIO of investment management firm ARK Invest, which has $30 billion under management...

Tesla stock hit 2024 lows Friday after Reuters reported the EV company canceled its long promised next-generation $25,000 vehicle, choosing to focus on developing its self-driving robotaxi platform. Chief Executive Elon Musk claimed the story was untrue. Reuters, citing three anonymous sources and internal messages, reported Friday that Tesla no longer plans to make its low-cost entry level vehicle...

This storied EV maker is forcing investors and analysts alike to balance short-term noise with long-term value...

Tesla is down only $19 billion or so, the day after a Reuters report wiped out $32 billion in value...