Donald Trump has bought a Tesla in support of the car company he calls "Elon's baby".
Last week we talked about Benzinga's proprietary "BBP" indicator, which stands for the Bull/Bear Pivot level and how it helps traders know where a stock is headed next.
Following Monday's dramatic selloff of more than 15%, shares of Tesla, Inc. TSLA are staging a small rebound Tuesday. The stock has been getting pummeled along with the rest of the market.
Few stocks have been as divisive in recent months as Tesla Inc NASDAQ: TSLA. After surging to an all-time high in December on the back of CEO Elon Musk's closeness with President Trump and renewed optimism around its longer-term growth prospects, shares have since crashed, shedding 55% in just three months.
Tesla (TSLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Tesla (TSLA -15.43%) stock has dropped 14% in trading midday on Monday as economic worries continue and investors see the company's sales plunge around the world. In this video, Travis Hoium shows why Tesla could continue to fall, especially if sales don't pick up soon.
In this week's video, I cover need-to-know news about Tesla (TSLA -15.43%) from the week of March 3. Watch the short video to learn more, consider subscribing, and click the special offer link below.
The Tesla stock price has imploded this year, erasing most of the gains made in 2024. TSLA crashed to a low of $220 on Monday, its lowest level since October last year, and down by over 55% from its highest level this year.
Elon Musk told Fox Business in an interview that aired Monday he was running his various businesses “with great difficulty,” making the statement as Tesla shares fell to a five-month low and while he spends time as a key figurehead in the Trump administration's Department of Government Efficiency.
Electric vehicle company Tesla Inc TSLA landed many deals with cities for vehicles that can be used by police or other government officials over the years.
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