Trump, Elon Musk and Tesla
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Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.
But public opinion on Musk began to sour as DOGE began laying off federal workers and cutting government contracts. Protests expanded to Tesla showrooms across the country. In Mar
It would have been another banner day for Silicon Valley’s blossoming alliance with Washington — if only President Donald Trump and Elon Musk hadn’t been attacking each other online. While the two men traded barbs on their respective social networks,
In an early hours post on Wednesday, Tesla CEO said his criticism of President Donald Trump — which included an allegation that the president’s name was in unreleased files about convicted sex-trafficker Jeffrey Epstein — “went too far.
Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.
The spectacular public feud last week between Elon Musk and President Donald Trump has laid bare how much Musk may lose if their rocky relationship continues to unravel.
Elon Musk went into damage-control mode early Wednesday as he tried to mend fences with President Donald Trump after their spectacular falling-out last week. And his critics are mocking his public show of fealty on his own platform.
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