Ron Baron, a well-known investor, is staying calm during the recent tech stock downturn. He sees this as a chance to find good deals, rather than a reason to panic. On CNBC's "Squawk Box, " he shared his thoughts, saying he's just looking around to see where the best opportunities are. Baron is particularly confident about Tesla. He admitted that a few years ago, he...
Tesla's stock took a hit, dropping 6% in early trading after the company reported another quarter of falling car sales. This is the second quarter in a row that Tesla's automotive revenue has decreased, this time by 16% compared to the same period last year, landing at $16. 7 billion. Elon Musk, Tesla's CEO, warned investors that things might not get better anytime s...
Tesla's shares got a boost recently. This happened after the company started a small test of its driverless taxi service. The service is called Robotaxi. It's something Elon Musk has been talking about for a while. He sees it as a big new business for Tesla. The first Robotaxi trips were short. They only happened in a small part of Austin, Texas. This is where Tesla...
The stock market saw a significant boost after the U. S. government hinted at a possible easing of trade tensions with China. This shift in stance came after President Trump's comments about reducing tariffs on Chinese goods. This move was seen as a positive sign by investors, leading to a surge in stock prices. The Treasury Secretary's remarks about a pot...
There is a buzz around Elon Musk's potential departure from his role in the Trump administration. This news has sparked a mix of reactions, especially among Tesla investors. The stock market has been volatile, with Tesla shares seeing a 5% increase following the report. However, this uptick comes after a challenging period for the company. Over the past month, Tesla'...
The White House South Lawn was the backdrop for an unusual event. President Trump, flanked by Tesla CEO Elon Musk, showcased a line of Tesla vehicles. This wasn't just a casual meet-and-greet; it was a public display of support for the electric car company. Tesla's stock had been on a roller coaster ride, losing significant value due to political backlash and declini...
Tesla's stock is bouncing back slightly after a rough day. The boost comes from President Trump's promise to buy a new Tesla EV, which might help smooth over some recent political tension. But, a top analyst, Dan Ives, has some tough words for Tesla's CEO, Elon Musk. Ives thinks Musk needs to find a better balance between his roles as Tesla's CEO and his involvement ...
Tesla’s stock rose sharply on Wednesday, with investors believing that the company and its CEO, Elon Musk, will benefit from Donald Trump's return to the White House. Under a Trump administration, Tesla might gain an edge over smaller competitors if subsidies for electric vehicles (EVs) decrease. Trump’s plans to impose high tariffs on Chinese imports could also dela...
In the night hours, Tesla's stock prices took a leap, thanks to investors' belief that a potential Donald Trump win could benefit Elon Musk, a major supporter and the CEO of the electric car company. The shares saw an 8% increase on the Robinhood trading platform. Musk, who founded both SpaceX and Tesla, had recently donated nearly $75 million to America PAC, a super...