Tesla, Trump and Tariff
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Barron's |
Tesla stock rose Thursday on a tough day for shares of most auto makers. President Donald Trump’s surprise tariff announcement on Wednesday evening is the reason car stocks face turmoil. Tesla stock,
Reuters |
From Donald Trump turning up the heat again, to 23andMe fearing the worst, we round up the big stories in business and finance over the week to March 28.
Yahoo |
"I don't think so," Trump told reporters at the White House, when asked if Americans should move up auto purchases. "I think you're going to have a country that's going to boom."
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My companies are suffering because I’m in the government. Do you think it helps sales if, you know, dealerships are being fire bombed? Of course, not.”
Tesla stock is—most likely—about to end its nine-week losing streak. To move higher from current levels, it needs to break through a key price. Shares of the electric-vehicle maker were down 2.2% at $267.
Protesters have gathered outside Tesla’s Park Royal showroom in west London as part of a global day of action against Elon Musk.Demonstrators holding placards urging consumers to boycott Musk’s company have now assembled outside the dealership.
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Barchart on MSNMarch 29 ‘Takedown’ Protests Will Keep Tesla in the Spotlight. Watch TSLA Stock Here.Tesla (TSLA) shares are down again on Friday, March 28 due to broader market weakness and after the “Tesla Takedown” movement announced plans of over 200 protests at the automaker’s U.S. locations on Saturday,
Tesla stock rose in early trading Thursday after dropping almost 6% Monday through Wednesday, declines that put shares at risk of dropping for a ninth consecutive week.Tesla stock has been beaten down by falling Wall Street sales estimates driven by fears that Elon Musk’s political activities hurt his car company’s brand.
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CCN on MSNTesla (TSLA) Stock Price in 5 Years: Dropping Sales and Balance Issues Reshape Long-Term OutlookTesla’s sales plunged in January, with key markets like California and Europe seeing sharp declines. BYD has overtaken Tesla in China, intensifying competitive pressures in
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Investor's Business Daily on MSNStock Market Today: Dow Jones, S&P 500 Pause After Monday's Rally; Tesla Tries To Extend Winning Streak (Live Coverage)The major indexes took a break and showed only modest moves higher Tuesday morning. Tesla wavered in the wake of Monday's gains.
The longtime Tesla bull Dan Ives, analyst at the investment firm Wedbush, called the situation “a brand tornado crisis moment for Musk and Tesla. I loudly urge Musk and the boar