News list for "Tesla City"

Tesla's market value has been "cut in half" and Musk is expected to lead DOGE for another year

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...

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2025-03-10 21:48:32
Tesla's market value has been "cut in half" and Musk is expected to lead DOGE for another year

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...

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2025-03-10 22:25:52
US stocks close: Tesla's market value falls below $500 billion

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.

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2024-04-16 20:01:30