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Forbes |
At least 10 lawmakers traded Tesla stock after Musk aligned with Trump—underscoring renewed concerns about members of Congress trading individual stocks.
Engadget |
Tesla is closing roughly a dozen solar installation centers in nine states as part of the job cuts.
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We believe the recent stock pullback and sales declines, while significant, are overblown considering the near-term issues impacting the company and the scope of opportunities around the corner,” Benchmark analyst Mickey Legg wrote in a note released Wednesday.
CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him. Relentless protests in many countries against the billionaire's involvement in U.
Tesla sales plunged 13% in the first three months of this year, as the company reported the largest drop in deliveries in its history by far, as backlash against CEO Elon Musk, and growing competition from other automakers’ electric vehicles,
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As Tesla sees cratering sales, marketing experts say it could rebrand by learning from post-disaster airline companies.
Musk's missteps, tariffs, lowered production, and souring consumer sentiment bring a perfect storm to the EV automaker
Despite major headwinds in recent years, Tesla's stock maintains a devoted retail investor base. Explore the 'Faith Factor' driving Tesla's valuation as enthusiasts buy the dip while analysts debate the company's future beyond EVs.
As it stands, Musk and Tesla are contending with recalls, protests, a 13% drop in sales and looming tariffs — so why is its stock rallying?
Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
Tesla's quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics, rising global competition and people waiting for a refresh to its highest-selling electric vehicle Model Y.
Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.
Things look even worse for the even more outdated Models S and X and the often-recalled Cybertruck. Production for these EVs fell by 18.3 percent year over year to 17,161 units in Q1 2025, with sales dropping year over year by 24.3 percent to just 12,881.
Tesla's sales in key European markets fell again in March, data showed on Tuesday, adding to signs that drivers are shunning Elon Musk's electric car brand as competition from China stiffens and some protest against his political views.
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"We believe the whole trajectory of earnings for TSLA remains too high and could face negative revisions post 1Q25 results," UBS analysts said.
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