Elon Musk loses $15 billion in net worth
Digest more
Despite these issues, Tesla investors appear to be convinced that the company will experience a surge in sales trends at some point. This is evident by the wild premium the stock commands. Shares trade at a price-to-earnings ratio of 169 as of this writing. A valuation like this bakes in huge sales and earnings growth for years to come.
His feud with Donald Trump and conspiracy-laced social posts are tanking Tesla’s stock in ways even his most loyal investors can’t ignore.
Shares of electric vehicle maker Tesla tumbled 8% in morning trading as the feud between CEO Elon Musk and Trump reignited over the weekend
In this podcast, Motley Fool host Anand Chokkavelu and contributors Jason Hall and Matt Frankel discuss: The Aug.1 tariffs. This year's four-day Prime Day (and whether Amazon stock is a deal). Elon Musk's political party and Tesla. Bold predictions.
Tesla CEO Elon Musk lashed out at Wedbush's Dan Ives after the analyst posted three board recommendations for the company on X, according to CNBC. Ives called for a new pay package giving Musk 25% voting control,
Espresso on MSN1d
Tesla shares fall after America Party unveilingIt didn’t take long for Tesla to be once again negatively impacted by Musk’s political involvement. Shares dropped nearly 7% after Musk announced plans to launch a new U.S. political party following his feud with Donald Trump over the latter’s spending bill.
Susie Wiles said it was "not a good ending" for Musk's time in the White House, but she enjoyed working with him overall.