Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey.Elon Musk tried to rally Tesla bulls Tuesday, brushing off a weak first-quarter earnings report and touting a future of "sustainable abundance."Tesla missed expectations on the top and bottom lines and reported a 71% plunge in net income from the year prior.His comments came as ...

Core Insights - Tesla's stock surged 7% to $255 following Elon Musk's recommitment to the company during the Q1 earnings call, despite disappointing financial results [2][3] - Musk's net worth increased by $9.6 billion to $371.3 billion, widening his lead over Jeff Bezos by $170 billion [2] Financial Performance - Tesla's Q1 earnings report showed profits and revenues below consensus forecasts, reaching multiyear lows [2] - Year-to-date, Tesla's stock is down nearly 40%, significantly underperforming the S&P 500's 8% decline [8] Market Reaction - The stock rally was partly fueled by a broader market boost linked to President Trump's easing of trade tensions with China, with the tech-heavy Nasdaq rising 3% [3] - Investors reacted positively to Musk's announcement of increased time allocation to Tesla starting next month [3][4] Strategic Developments - Musk confirmed plans for a June launch of the driverless "robotaxi" and the production of lower-cost electric vehicles in the first half of the year [5] - Musk indicated he would still spend a day or two per week on government matters, maintaining a dual focus on Tesla and his government role [6] Political Context - Musk criticized Trump's tariffs, stating that Tesla is the "least affected car company" and advocating for lower tariffs for economic prosperity [7] - Musk's political donations, totaling $288 million, position him as the largest donor in the 2024 election cycle, which has drawn scrutiny and backlash affecting Tesla's brand [8][9]

Due to its "unique" position, Tesla, Inc. (NASDAQ: TSLA ) has been one of the worst hit stocks during the recent market selloff. In fact, Tesla peaked last December at a high of around $488, just to crash down to a lowAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2024 69% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Dividend P ...

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Electric vehicle (EV) giant Tesla (TSLA) reported first-quarter 2025 earnings per share of 27 cents, which missed the Zacks Consensus Estimate of 44 cents and also decreased from the year-ago figure of 45 cents. Total revenues of $19.33 billion also lagged the consensus mark of $21 billion and declined 9% year over year.  Despite the significant miss, shares of Tesla were up more than 5% in after-hour trading. TSLA remains committed to starting the production of affordable vehicles in the first half of this ...

Tesla TodayTSLATesla$237.97 +10.47 (+4.60%) 52-Week Range$141.11▼$488.54P/E Ratio116.65Price Target$285.91Add to WatchlistTesla Inc. NASDAQ: TSLA closed under $238 on Tuesday after gaining 5% ahead of its Q1 earnings report. When results dropped after the bell, the company missed both revenue and earnings expectations, but the market response has been surprisingly constructive. As of early Wednesday trading, Tesla looks set to open higher and possibly finish the week on a strong note. That’s no small feat, ...

Good morning. We sat with 350 New York City lawyers as they strategized against President Donald Trump. There were calls for protests, op-ed writing, and lawsuits. Amid the anger and frustration, some hope broke through the noise. In today's big story, Tesla's earnings report came with a big announcement: Elon Musk is stepping back from DOGE.What's on deck Markets: Gold is showing it's the top "safe-haven" asset.Tech: No more filtered selfies. Instagram's new feature is forcing users to get Reel.Business: ...

One comment from Tesla CEO Elon Musk during the company's earnings call may help investors look past the company's horrendous first-quarter results.Investors expected disappointing results when Tesla (TSLA 4.71%) reported earnings Tuesday afternoon. Unfortunately, that's pretty much what they got. Revenue and earnings plummeted as the company faced a number of challenges, including high interest rates, a pause in production during part of the quarter, and macroeconomic uncertainty. But, on the bright side, ...

Summary⚈ Politicians sold Tesla shares ($1,001-$250,000) in March 2025, some before an 8% drop post-Q1 earnings miss.⚈ Tesla’s Q1 2025 earnings ($0.27/share, $19.34B revenue) missed forecasts due to competition and Musk backlash.⚈ Tesla’s stock rose 6% to $252 after-hours on April 22, down 40% year-to-date amid supply chain issues.In the weeks before Tesla’s (NASDAQ: TSLA) disappointing Q1 2025 earnings report, several U.S. politicians cashed out on their holdings in the electric vehicle (EV) giant.Among th ...

Core Insights - Elon Musk made significant promises regarding Tesla's future, but benefits are not expected until mid-2026 or later [1] - Analysts are particularly focused on the anticipated launch of a cheaper car and the robotaxi service [2] Financial Performance - Tesla reported a 71% drop in profits and a 9% decline in revenue for the first quarter [3] - Auto revenues decreased by 20% year over year, with vehicle deliveries down 13% [3] Market Reactions - Tesla's stock rose approximately 5% in after-hours trading, but it has decreased by 41% year to date [5] - Analysts from Cantor Fitzgerald emphasized the importance of regulatory approval for full self-driving and robotaxi services as a risk factor for Tesla's stock price [5] Product Development - A more affordable vehicle model could expand Tesla's customer base and enhance competitiveness against low-cost Chinese EVs [6] - Analysts believe that the upcoming cheaper model and robotaxi could provide significant upside for Tesla's stock [7] Robotaxi Insights - Analysts express confidence in Tesla's ability to launch robotaxis, citing Musk's ownership of xAI as a potential advantage [8] - However, it is estimated that robotaxis may take around three years to become profitable [8] Strategic Partnerships - Tesla has declined offers to collaborate with existing ride-hailing platforms like Uber, which may hinder the mainstream adoption of its robotaxi service [9][10] Leadership Focus - There are concerns that Musk's focus on other ventures, such as DOGE, may detract from the necessary attention on product launches [11][12] Future Projections - Musk anticipates millions of fully autonomous Teslas on U.S. streets by the second half of next year [15] - The company expects to see significant benefits from autonomy around mid-next year [16] - Progress is being made on the Optimus humanoid robot, with expectations of thousands operational in Tesla factories by year-end [17]