Tesla, Elon Musk
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As Tesla (TSLA) prepares for a historic event, both investors and consumers are watching the stock closely. The electric vehicle (EV) producer is gearing up to roll out its new robotaxi fleet, marking its foray into the world of autonomous driving.
Tesla shares surged over 2.15% in overnight trading to $364 after CEO Elon Musk revealed he is stepping down from his role at DOGE.
According to the European Automobile Manufacturers' Association, registrations for new Tesla EVs in Europe plunged 49% in April compared to last year. That came despite a 34% surge in overall battery electric car sales there.
Tesla has long been volatile, but its most recent struggles were deemed unprecedented by analyst Ryan Brinkman. Find out if it's still a worthy investment.
Tesla's EU sales dropped 49% YoY and earnings fell last quarter. TSLA stock trades at 162 times earnings. Read here for an investment analysis.
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Cathie Wood has been right about Tesla before, and the company is about to launch its highly anticipated Robotaxi service.
Elon Musk reportedly faced pressure from Tesla's board before he announced that his time as DOGE chief was coming to an end
Tesla stock rises despite weak Q1 earnings, declining EV demand, and rising competition. Read here for our bearish thesis on TSLA stock.