Tesla’s stock is tumbling
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NEW YORK (AP) — Wall Street is hanging near its records on Thursday, though the calm surface of the U.S. stock market is hiding some roiling moves underneath. Alphabet is rising, and Tesla is tumbling following a jumble of profit reports from big U.S. companies.
President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
The EV maker reported a 16% drop in quarterly net income and said c
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Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.
Shares of the EV maker fell after earnings. Some analysts are skeptical of Tesla’s ability to meet its robo-taxi timelines, cost targets and scale.
Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
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Investor's Business Daily on MSNDow Jones Futures: Meta, Amazon, Fed, Trump Tariffs Ahead; Tesla 'Robotaxi' Set To Launch In San FranciscoMeta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff deadline. Tesla "robotaxis" are about to hit San Francisco, with a caveat.