Elon Musk sets Jun. 22 for Tesla's robotaxi launch in Austin
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Elon Musk Expresses Regrets Over His Posts About Trump
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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.
Musk's reaction surprised market participants, especially considering he had reportedly invested nearly $300 million
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.
As Elon Musk pivots away from Washington and back to his companies including Tesla, experts say he will have to address several challenges.
This comes amidst reports on tensions between Musk and President Donald Trump. The feud started after Musk criticized Trump’s “One Big Beautiful Bill”
Last week, a social media post from Elon Musk caused many people to stop what they were doing and look down at their phones. Even for the Tesla (TSLA) CEO, known for his controversial and bold opinions,
Congressional stock trading reports show that two allies of President Trump loaded up on additional Tesla shares as the relationship between the president and Elon Musk began to show signs of strain but before their falling out.
Shares of Tesla ( TSLA 5.66%) soared nearly 5.7% today, as the feud between Tesla's CEO Elon Musk and President Donald Trump appeared to simmer in recent days. Tesla's robotaxi service is also about to get underway in Austin, Texas.