Tesla, robotaxi and Elon Musk
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Musk, Trump
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The world's richest man navigates a treacherous period, marked by an insult-filled public feud with Donald Trump, a figure he significantly helped return to the White House.
Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.
Last week, a social media post from Elon Musk caused many people to stop what they were doing and look down at their phones. Even for the Tesla (TSLA) CEO, known for his controversial and bold opinions,
Congressional stock trading reports show that two allies of President Trump loaded up on additional Tesla shares as the relationship between the president and Elon Musk began to show signs of strain but before their falling out.
Shares of Tesla ( TSLA 5.66%) soared nearly 5.7% today, as the feud between Tesla's CEO Elon Musk and President Donald Trump appeared to simmer in recent days. Tesla's robotaxi service is also about to get underway in Austin, Texas.
Tesla's valuation may be overestimated, with concerns over Cybertruck demand, management, and growth assumptions. Learn more on TSLA stock here.
Tesla shares have shown a sharp decrease since Elon Musk's feud with President Donald Trump which could have negative impacts on the billionaire.
Elon Musk’s departure from DOGE, his now-strained relationship with Trump, slumping Tesla sales and the drop in the company’s share price have not meant that the Tesla Takedown movement is coming to an end anytime soon,