Tesla shares have soared over 50% since its latest earnings report, despite a significant revenue decline. Elon Musk's return to full-time leadership is igniting investor confidence, but is the company's future as bright as it seems?
European bourses opened mixed as the U.K. markets remained closed for a bank holiday. Investors are keenly awaiting economic data and earnings reports, including major companies like Novo Nordisk and BMW.
Major stock markets in Asia and Europe saw significant gains on Monday following the U.S. announcement of temporary tariff exemptions on key electronics, with tech stocks leading the charge.
Tesla's electric vehicle sales in Europe have dropped 49% in the first two months of the year amid increasing competition and backlash against CEO Elon Musk's political affiliations. This decline coincides with a 28.4% rise in overall EV sales, highlighting growing concerns over Tesla's aging lineup and Musk's controversial endorsements.
