Musk, Tesla and Trump
Digest more
19hon MSN
Uber (NYSE: UBER) stock and Tesla (NASDAQ: TSLA) stock are seemingly going head to head as the companies work to capitalize on driverless car technology. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.
Tesla Inc.’s stock was on the verge of a technical breakthrough last week, with investors brimming with hope that a return of Chief Executive Elon Musk to headquarters and promises that he’d stay for years to come would benefit the shares.
Tesla shares rebounded Friday, a day after the electric vehicle maker tumbled 14% as the relationship between CEO Elon Musk and President Donald Trump looked to be fraying.
A breakdown in relations between President Trump and Elon Musk slammed Tesla stock Thursday, along with assets associated with the U.S. leader. Tesla shares regained some ground early Friday. Shares of Musk’s electric-vehicle maker rose around 4% in morning trading.
Ross Gerber said Musk's beef with Trump is a "disaster," and used the episode as an opportunity to sell more shares.
Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.
Tesla stock traded as high as $305.50 and closed just north of $295, up almost 4%, on Friday. Tesla stock was roughly $355 before the Musk-Trump feud started escalating. On Thursday, shares closed at $284.
2don MSN
Tesla stock extended declines from earlier in the week as Trump and Musk traded words over the GOP budget bill, which Musk has described as an "abomination."