Tesla, Elon Musk
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Tesla shares plunged as much as 10% in early trading Thursday as investors digested another dismal quarter of car sales – and CEO Elon Musk’s admission that slump may not end anytime soon.
Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $7,
Elon Musk's net worth recently broke $400 billion, although it dropped back down to $364 billion as of this writing in mid-July, according to the Bloomberg Billionaire Index. Much of this wealth
Elon Musk reacts to Waymo robotaxi video, reigniting LiDAR vs camera autonomous driving debate as Tesla faces scrutiny over FSD.
19hon MSNOpinion
Tesla's core business is struggling, and its futuristic product platforms are a long way from generating meaningful revenue.
President Trump extended an olive branch to his friend-turned-critic Elon Musk, saying he has no intention to "destroy" his companies.
Elon Musk's Tesla Diner faces protests targeting his role in reducing US government spending. Protests have been ongoing for months.
Tesla's share price closed Thursday's session following the announcement of its June quarter results 8.20% lower at $305.30. Following the sharp selloff yesterday, Tesla's market capitalisation also declined $984.