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Tesla Stock Dives as Elon Musk Plans New Political Party
Mr. Musk’s involvement in politics and his financial support for the president’s campaign was once seen by investors as a benefit to Tesla, fueling a steep rise in company shares after the election last year. That association has now turned into a liability. Tesla shares are down 40 percent from their peak in December.
Musk has been able to play off Tesla's struggles for over a year now because the stock has been astonishingly resilient.
Chief Executive Elon Musk said Saturday he had [created a new political party]( ...
Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global ...
Dan Ives, an analyst with Wedbush, wrote that Musk's continued push into politics is "exactly the opposite direction" ...
Tesla stock is sliding on Monday after CEO Elon Musk's latest foray into politics, and Wall Street is growing concerned over ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
With shares down 21% year to date, Tesla ( TSLA 0.04%) is reeling from a combination of weakening electric vehicle (EV) ...
I witnessed a Model Y stopped in the middle lane of I70. The company has suffered while Musk plays with politics and is set ...
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