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Tesla stock closed 5.7% lower on Thursday after Reuters reported Trump's team has drawn up plans to eliminate the $7,500 tax credit for electric vehicle buyers as part of a broader tax reform.
Image source: Tesla. EV stocks fall. Tesla wasn't the only EV stock to fall on the news. Rivian Automotive and Lucid Group got hit even harder as both stocks are deeply unprofitable and more ...
Tesla exceeded the latter expectation, reporting Q2 sales of $25.5 billion. But this sales growth came at a cost to profit: Earnings were only $0.52 per share. Tesla profits collapse
Tesla's market has dipped below the $500 billion mark, currently resting at $487 billion, per Yahoo Finance data. Year to date, Tesla's stock is still up 24%, compared to a 5.6% advance for the S ...
Investors appear to be questioning the valuation after the stock jumped nearly 40% over the four sessions after the election. As of 2:56 p.m. ET, the stock was down 5%. A Tesla Model 3 on a snowy ...
In the past, when Tesla's car business fell below 17% of its total market cap, its stock tended to "enter a downward channel," UBS added. Tesla's auto business accounts for just 12% of its current ...
Tesla stock is down Monday following a strong recent run-up as one Wall Street bank says “animal spirits” have pushed the stock beyond any “fundamental change” at the company.Joseph Spak ...
Tesla stock fell as much as 6% on Friday, some $32 billion, after Reuters reported that Elon Musk’s EV maker was shelving a yearslong plan to produce an affordable electric car.. Citing three ...