Elon Musk loses $15 billion in net worth
Digest more
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.
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
18hon MSN
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.
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.
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.
Grok AI will be available in Tesla vehicles next week "at the latest", the EV maker's CEO, Elon Musk, said in a post on X on Thursday.
Elon Musk’s AI company, xAI, late on Wednesday released its latest flagship AI model, Grok 4, and unveiled a new $300-per-month AI subscription plan, SuperGrok Heavy. Grok is xAI’s answer to models like OpenAI’s ChatGPT and Google’s Gemini,
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.