Tesla Stock Is Rising. Musk vs. Trump Is Still Main Event.
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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.
Here are some of the biggest premarket U.S. stock movers today: Delta Air Lines (NYSE: DAL) stock rose 9.7% after the carrier restored its previously-withdrawn full-year guidance, citing "confidence in the business" after it posted record revenue in its June quarter.
I witnessed a Model Y stopped in the middle lane of I70. The company has suffered while Musk plays with politics and is set to open lower today.
Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global markets.
Tesla shares sank Monday after CEO Elon Musk announced he would form a new political party in an escalation of his feud with President Donald Trump.
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.
Tesla stock price fell Monday after Musk said he's formed the America Party, the latest development in the billionaire's feud with President Trump.
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William Blair lowered its rating on Tesla stock from outperform to market perform today. The Wall Street Journal recently reported that Tesla is losing market share in China, and President Trump threatened new tariffs.
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Stocktwits on MSNTesla Stock Down 6% Pre-Market As Elon Musk Announces New Party After Trump SplitShares of EV giant Tesla Inc. (TSLA) are trading over 6% lower in pre-market trading on Monday after the company's CEO, Elon Musk, announced the formation of his new political party over the weekend.
Tesla's CEO has proved once again that investors in his EV company would prefer that he stay out of politics and focus on the business.
Musk has not released an official party platform and has reported a false filing of the proposed political party to the Federal Election Commission. Here's what you need to know about the America Party and what this means for Musk's electric car company: Tesla.
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Several analysts believe the humanoid robotics market could be larger than the robotaxi market. Tesla has ambitious plans for its Optimus humanoid robots. Tesla (NASDAQ: TSLA) fans should find it easy to identify reasons to buy the stock.