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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 were 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.
Tesla shares rebounded 2% in early trading on Tuesday, recovering some ground after a sharp sell-off the previous day.
Tesla's ( TSLA) stock chart remains damaged goods as the EV giant battles bruised investor sentiment.
The world's richest man's latest political activities prompted a brutal sell-off of Tesla stock as investors question his ...
Tesla shares fell nearly 7% on Monday, erasing $68 billion in market capitalization in a single day. The sharp fall came ...
Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global ...
Chief Executive Elon Musk said Saturday he had [created a new political party]( ...
Tesla, Inc.'s valuation is highly debated, with opinions split on whether it belongs in the automotive or tech sectors. Click ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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