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Tesla Stock Dives as Elon Musk Plans New Political Party
Mr. Musk’s involvement in politics and his financial support for the president’s campaign was once seen by investors as a benefit to Tesla, fueling a steep rise in company shares after the election last year. That association has now turned into a liability. Tesla shares are down 40 percent from their peak in December.
Musk has been able to play off Tesla's struggles for over a year now because the stock has been astonishingly resilient.
Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on Monday after CEO ...
U.S. stock futures eased Monday after a three-day break, after President Donald Trump said he would start sending out letters ...
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