The EV maker’s shares, along with those of other auto makers, rallied after President Donald Trump’s decision to pause some tariffs. The car industry still faces stiff levies, though...
Continue ReadingShares of Nvidia, Apple, and Tesla fall sharply Thursday after each stock soared double-digits Wednesday following President Donald Trump’s move to pause most reciprocal tariffs for 90 days. U.S. Steel, meanwhile, slumps after Trump says he wants the steel maker to remain an American company...
Continue ReadingElon Musk called him “dumber than bricks” and “truly a moron,” but Peter Navarro says there’s no hard feelings. “Elon and I are fine,” Navarro said in a CNN interview. “It’s no problem.” Musk, the CEO of electric car company Tesla, posted his insults on X earlier this week after Navarro said on TV that Musk is a “car assembler” and that the component parts of Musk’s vehicles are made overseas...
Continue ReadingTesla launched operations in Saudi Arabia on Thursday, a sign that Chief Executive Elon Musk has patched up relations with the kingdom and that the oil capital was moving forward with an ambitious electric-vehicle policy. A Tesla Cybertruck and a redesigned Model Y sedan dominated a plaza dotted with palm trees, as the EV maker officially opened for business. A small crowd tried out the vehicles as a massive outdoor video screen showed a Cybertruck plowing through a dusky desert, leaving behind plumes of sand...
Continue ReadingBYD held a 29.3% market share in China's NEV market in March, maintaining the top position...
Continue ReadingThe stock market sold off on Thursday as uncertainty around President Trump's tariffs once again took center stage...
Continue ReadingShares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 10.7% in the afternoon session after Wall Street sentiment toward the company turned more bearish, with several analysts cutting their forecasts and price targets. UBS analyst Joseph Spak issued the most bearish outlook, slashing his price target to $190, implying a potential 30% downside. Spak warned that while lower 2025 earnings expectations were becoming consensus, the broader earnings trajectory for Tesla still appeared overly opti...
Continue ReadingTesla (TSLA) stock took another dive on Thursday as analysts chopped price targets for the electric-vehicle maker, citing the Trump administration’s impending 25% tariffs on auto parts and weakening demand in Europe and China...
Continue ReadingOn the heels of huge gains yesterday, Tesla (NASDAQ: TSLA) stock is seeing big sell-offs in Thursday's trading. While President Donald Trump issued a 90-day suspension of reciprocal tariffs for other countries yesterday, he announced that the import tax rate on products from China would be raised from 104% to 125%. As of this writing, Tesla stock is now down 39% across 2025's trading and 48% from its valuation peak...
Continue ReadingOptionsPlay analyst Tony Zhang, who’s very pessimistic about Tesla (TSLA) and its stock, unveiled a bearish options play on the name today on the Schwab Network. Why Zhang Is Bearish on TSLA Stock Tesla’s valuation is “incredibly rich,” and the automaker is losing market share to its Chinese competitors in Europe, Asia, and the U.S., […]...
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