Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products. The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future. Read More
Elon Musk publicly apologized for some of his posts about Donald Trump, including accusations linking the president to the Epstein files, after tensions between the two escalated over Trump's threats to cancel government contracts with Musk's companies.
According to the report by Ark, the valuation implies a 38% compound annual rate of return from its last funding round, which took place in December 2024, at a valuation of $350 billion.
Vice President JD Vance asked Americans on social media whether they would thank Elon Musk after the Tesla Inc. CEO reportedly lost $113 billion while leading government efficiency efforts. Musk responded Tuesday with a simple "Worth it" on X.
Stay updated with the movements of the S&P500 index one hour before the close of the markets on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 3.5% in the afternoon session after tension between CEO Elon Musk and President Donald Trump continued to cool off. This de-escalation is likely a major relief for investors who had been worried about the potential negative impacts on Tesla's business, particularly regarding government contracts or regulatory scrutiny.
