On March 11, Elon Musk said Monday that he is facing "great difficulty" in balancing the U.S. Department of Government Efficiency (DOGE) with other businesses. Tesla suffered its biggest one-day decline in five years while its social media platform "X" experienced several cyber attacks. Musk said in an interview that he expects to stay in the Trump administration for another year. Tesla's stock price has been falling every week since Musk joined the Trump administration as a "secretary" of the D...
Elon Musk said on Monday that he was facing "tremendous difficulties" in balancing the U.S. Department of Government Efficiency (DOGE) with other businesses. Tesla suffered its biggest one-day drop in five years while its social media platform "X" experienced several cyberattacks. Musk said in an interview that he expected to stay in the Trump administration for another year. Since Musk joined the Trump administration as DOGE "Secretary", Tesla's...
U.S. stocks closed Tuesday with the Dow initially up 0.17 percent, the S & P 500 down 0.21 percent and the Nasdaq down 0.12 percent. Tesla (TSLA. O) fell 2.7 percent and its market capitalization fell below $500 billion. NVIDIA (NVDA. O) rose 1.6 percent and Apple (AAPL. O) fell 1.9 percent. The Nasdaq China Golden Dragon index closed down 1.2 percent, Alibaba (BABA. N) fell 1.4 percent and Bilibili (BILI. O) fell more than 2 percent.