Tag TSLA

Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers. Shares in the Elon Musk-owned company slid nearly 4% in intraday trading Thursday, in what now stands as the third worst week for the stock in 2024, a year that has been dismal for Tesla investors. Shares of Tesla Inc. last traded at the $150 level in January 2023...

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(Bloomberg) -- One of Tesla Inc.’s biggest bulls on Wall Street is putting Elon Musk on notice: Scrap a low-cost vehicle at your peril.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsAs the electric-vehicle maker’s outlook comes into question — pushing its market v...

Tesla (TSLA) has faced mounting challenges in 2024, garnering increasingly bearish sentiments from major shareholders. The EV maker's stock has fallen almost 40% year-to-date. Wedbush Securities Managing Director Dan Ives recently put out a note claiming that "the clock has struck midnight" for Tesla CEO Elon Musk. He joins Yahoo Finance to discuss Tesla's recent performance and what the company's future may look like moving forward. Ives elaborates on his stance: "This is really what I view when when I say 'clock striking midnight' — it comes down for Musk. Navigate the Category 5 storm just like he has in '18, 2020, and other. Otherwise, this is not just 'Trust me,"' because I think that's really the frustration now that, essentially, it went from a Cinderella story, magic carpet ride to what's been a bit of a horror show, especially the last three, four months." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino...

Tesla stock fell Thursday, marking a new 52-week low, as the global EV giant received a downgrade based on Chief Executive Elon Musk's decision to prioritize its robotaxi program over its cheaper next-generation vehicle. Deutsche Bank analyst Emmanuel Rosner downgraded Tesla stock Thursday to a hold rating from a buy. Rosner wrote that the previous buy rating was based on Tesla's next-generation vehicle priced at $25,000 coming late in 2025, which could allow the company to reaccelerate volume, margins and free cash flow...

Tesla (TSLA) was once soaring high — a member of the Magnificent Seven group of tech or tech-adjacent stocks that led rallies in the S&P 500 (^GSPC) to one of its all-time highs — but has since fallen from grace in the 2024 trading calendar. The company has faced a litany of challenges, from disappointing production figures to leadership concerns around CEO Elon Musk. Yahoo Finance Anchor Madison Mills breaks down a timeline of the challenges that Tesla has faced in recent months to give context to its slide from the top. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino...

Deutsche Bank analyst Emmanuel Rosner downgraded shares of electric-vehicle firm Tesla to Hold from Buy, and slashed his price target to $123 from $189...

Tesla stock is priced for a mainstream, autonomous future, but the company faces strategic uncertainty, leadership troubles, and hardening competition...

The UAW has tried and failed for years to organize non-union U.S. auto factories, most of them built by Asian and European automakers in southern U.S. states where so-called right-to-work labor laws make it optional for workers to pay union dues. Volkswagen workers in Chattanooga, Tennessee, will vote this week, beginning Wednesday and ending on Friday, on whether to organize with the UAW union...