The Doge department is a nod to the shiba inu doge meme that's also linked to the dogecoin cryptocurrency, named by Elon Musk as his "favorite" cryptocurrency and accepted as payment by his Tesla car company—though Tesla continues to hold around 10,000 bitcoin worth around $800 million on its balance sheet.
President-elect Donald Trump laughed off liberal angst over tech mogul Elon Musk’s growing political influence and affirmed that the space and Tesla guru won’t be president.
Less than two months ago, shares of Tesla Inc. were on their way to just the third losing year in the electric-vehicle maker’s decade-and-a-half as a public company. But after a furious rally in the last seven weeks,
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
Tesla is on a 67% tear since Donald Trump's election win, as investors speculate that self-driving is coming soon, with the Trump administration easing the regulatory path for autonomous vehicles.
Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,
It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.
Tesla' s stock price has been on a bit of a rally lately. The price is currently up almost 70 percent since election day, when Donald Trump became president-elect for a second time. This has boosted Tesla’s market capitalization from $807 billion up to $1.3 trillion.
Tesla, Inc.'s stock has surged recently after solid Q3 results and Donald Trump's re-election. Click here to read an analysis of TSLA stock now.
A Monday note from Barclays estimated Tesla's total Q4 deliveries at 515,000 units, the magic number which would represent year-over-year delivery growth compared to 1.8 million i
The president-elect criticized the EV incentives on the campaign trail, and reports indicate they could be on the chopping block along with more stringent greenhouse gas tailpipe emissions regulations. Tesla Inc. CEO and Trump backer Elon Musk has said he supports ending the EV tax credits.