Elon Musk loses $15 billion in net worth
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Earnings are expected to be around $0.44 per share, according to consensus estimates, reflecting a 15% drop compared to the previous year, while revenues are anticipated
Despite these issues, Tesla investors appear to be convinced that the company will experience a surge in sales trends at some point. This is evident by the wild premium the stock commands. Shares trade at a price-to-earnings ratio of 169 as of this writing. A valuation like this bakes in huge sales and earnings growth for years to come.
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On his social media platform X on Tuesday, the billionaire posted "Shut up, Dan," just hours after the analyst and Tesla fan recommended that the electric car maker's board of directors curb the CEO's political activity.
Dan Ives, an analyst and longtime fan of Tesla, was scolded by Elon Musk on Tuesday after posting three steps he said the company’s board should take.
Tesla ( TSLA -0.52%) stock is on the move again, and for the wrong reasons. The automaker's stock fell 7% on Monday after Wedbush analyst Dan Ives issued a grim report in response to CEO Elon Musk's plans to start a new political party.
The potential launch of the America Party by billionaire Elon Musk could result in him committing more time to politics once again, putting key time with Tesla Inc. TSLA on the back burner. What Happened: Passage of the "Big Beautiful Bill" by Congress and President Donald Trump could be bad for Tesla and the electric vehicle sector due to the elimination of the $7,
Donald Trump's chief of staff, Susie Wiles, who he calls the "Ice Maiden," sat down for a lengthy interview with the New York Post.