Elon Musk loses $15 billion in net worth
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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.
Tesla stock is sliding on Monday after CEO Elon Musk's latest foray into politics, and Wall Street is growing concerned over the loss of EV tax and regulatory credits stemming from Trump's "One Big Beautiful Bill.
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 didn't appear to like Wedbush analyst Dan Ives' suggestion that the company should rein in Musk's time spent on politics.
Shares of electric vehicle maker Tesla tumbled 8% in morning trading as the feud between CEO Elon Musk and Trump reignited over the weekend
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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.