Musk, Tesla and stock
Digest more
Investors have bid up Tesla share in anticipation of the company’s June robotaxi service launch in Austin, Texas.
Uber stock price plunged hard this week as concerns about competition from Tesla rose. It dropped to a low of $82.93
According to the European Automobile Manufacturers' Association, registrations for new Tesla EVs in Europe plunged 49% in April compared to last year. That came despite a 34% surge in overall battery electric car sales there.
Tesla stock is on the rise after two big pieces of news came overnight: a reported start date for robotaxi testing and CEO Elon Musk's official government departure.
16hon MSN
During the episode, Cramer showed optimism toward Tesla, Inc.’s (NASDAQ:TSLA) humanoid robot business as he said:
Ross Gerber said there are three problems he sees for the EV maker, and that the next six months will be crucial for Musk's company.
Trump said he would postpone a 50% tariff on the European Union to “rapidly get together” with the bloc’s leadership.
The two "Magnificent Seven" stocks rallied in brisk premarket trading after a trade court blocked many of [President Trump's tariffs](
Tesla, Inc. is seeing a sales decline in China and Europe as its valuation looks set to reach new highs. Click here to find out why TSLA stock is a Sell.