Tesla, Elon Musk and stock
Digest more
E.l.f. Beauty is acquiring Hailey Bieber’s beauty brand, giving the cosmetics company’s stock a major glow-up. E.l.f. on Wednesday announced its $1 billion cash-and-stock deal to buy Rhode, the American model’s cosmetics and skin-care line.
As Tesla’s profits plunge and sales crater, investors still bet on Musk’s promised robotaxis and renewed focus.
Tesla stock notches weekly gain as Musk bashes New York Times report on way out of Trump White House
Tesla stock dropped on Friday but finished higher for the week as a wild week for CEO Elon Musk became even stranger.
Uber stock price plunged hard this week as concerns about competition from Tesla rose. It dropped to a low of $82.93
Tesla Inc (NASDAQ:TSLA) shares are trading higher Thursday after CEO Elon Musk announced the end of his role as a special government employee.
Explore more
Tesla stock is on the rise after two big pieces of news came overnight: a reported start date for robotaxi testing and CEO Elon Musk's official government departure.
According to the European Automobile Manufacturers' Association, registrations for new Tesla EVs in Europe plunged 49% in April compared to last year. That came despite a 34% surge in overall battery electric car sales there.
Ross Gerber said there are three problems he sees for the EV maker, and that the next six months will be crucial for Musk's company.
Tesla stock was down to start the final trading day of May. It has been an excellent month for the stock, however, showing what investors are focused on these days.Tesla stock was down 0.4% at $357.35 in early trading,