Tesla, Trump and stock
Digest more
Top News
Overview
Impacts
Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.
Tesla stock rose marginally in pre-market trading on Wednesday after CEO Elon Musk extended an olive branch to US President Donald Trump following their public feud. Shares were up over 2% by around midday CEST,
19h
Barchart on MSNTesla’s CEO ‘Works Really Well Under Pressure’: Why Cathie Wood Thinks the Trump-Musk Feud Could Be Good for TSLA StockARK Invest CEO Cathie Wood believes Elon Musk’s public feud with President Donald Trump could ultimately benefit Tesla (TSLA), despite the immediate market chaos that wiped $152 billion from the company’s value in a single day.
Tesla investors are focused on other things right now, but they should pay attention. Thursday, President Donald Trump signed a joint resolution of Congress to eliminate California’s ability to regulate its air emissions,
Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.
Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its home base of Austin, Texas, where public-safety officials are increasingly concerned about the state’s anti-regulation stance toward autonomous vehicles.
Tesla investors want to think about AI. They might have to spend some time thinking about the car business again.
CNBC's 'Squawk on the Street' crew discuss Tesla as the electric carmaker's stock was hit with several downgrades since the Trump-Musk fallout.