Tesla shares fell on Thursday after CEO Elon Musk said the company could face a “few rough quarters” as it transitions to a future focused less on selling cars and more on offering self-driving taxis. Many prospective buyers have been turned off by Musk’s foray into right-wing politics, and the competition has ramped up in…
Shares of Tesla fell nearly 8% Tuesday on news that sales in Europe were down 45% in January. The decline bucked a positive trend for sales on the continent broadly. Some Tesla investors have grown bearish on the stock in recent months. Tesla shares tumbled sharply on Tuesday as data showed the electric vehicle maker’s…
Ross Gerber was an early investor in Tesla, buying in before the stock boomed. But he’s gotten increasingly outspoken about issues he sees with Elon Musk and Tesla, and has sold shares. Gerber outlined for BI four reasons why he expects Tesla shares to fall as much as 50% in 2025. Tesla shareholder Ross Gerber…
Elon Musk is almost $200 billion richer than Jeff Bezos and worth more than Costco. His net worth hit $447 billion after Tesla stock jumped and SpaceX’s valuation rose to $350 billion. Just five years ago, Musk was worth about $25 billion, and Tesla was valued below $100 billion. Elon Musk is nearly $200 billion…
Elon Musk’s net worth has soared past $300 billion, according to the Bloomberg Billionaires Index. It comes off the back of big stock market gains for Tesla following Trump’s election win. Tesla hit a trillion-dollar market valuation on Friday. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…