Tesla has made billions off the electric cars its rivals aren't selling, but Trump's anti-EV policies have put that revenue stream under threat.
Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose after the results' release.
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
Tesla's profitability and revenue growth are under pressure, with high interest rates and fierce competition from BYD. Learn more about TSLA stock here.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
Despite the statement from President Trump, NASA had already scheduled the astronauts' return for late March or April.
CNN data guru Harry Enten offered a humbling analysis of the popularity of the world's richest man Tuesday evening, noting that Elon Musk's polling numbers were so bad, he was pulling down President Donald Trump.
Tesla Inc. faces diverging forecasts for its 2025 delivery growth, with Wall Street's expectations clashing with independent analysts' predictions amid uncertainty over new vehicle launches and potential policy changes.
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.