Tesla Stock Overcomes Much of Damage From Musk-Trump Fight
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Investor's Business Daily on MSNStock Market Today: Dow Jones Dives 400 Points As Israel Attacks Iran; Nvidia, Tesla Sell Off (Live Coverage)The Dow Jones plunged 400 points Friday as Israel launched major attacks on Iran. Nvidia and Tesla sold off on the stock market today.
Tesla’s stock was recently right around the price at which it closed the session before a spat between CEO Elon Musk and President Donald Trump culminated in a one-day drop of about $150 billion in Tesla’s market value.
Tesla stock traded higher early Wednesday as shares continue to recover from last week's sell-off with the feud between Elon Musk and President Trump cooling down.
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24/7 Wall St. on MSNStock Market Recovery: 7 Best Stocks to Buy in JuneThe April panicked sell-off overreactions to President Trump's reciprocal tariff policies resolved in a few weeks, leading some bull runs for stocks as high as over +70% in only 2 months.
Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.
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The leading electric vehicle company is struggling, as its CEO just started feuding with the president of the United States.
Tesla’s stock was on the verge of a technical breakthrough. Then Musk and President Donald Trump had a very public fallout.
The stock market seems to be betting on more trade breakthroughs and favorable inflation data. But the bond market and CEOs might not be so sure about that.
Tesla, Inc. faces declining sales, shrinking margins, and valuation concerns. Click for my updated look at TSLA stock valuation and rising policy risks.