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?
Tesla's stock fell 3% as reports reveal the board is searching for a new CEO to replace Elon Musk, following a significant drop in sales and profits. Can they recover?
Wall Street's primary indexes showed mixed signals as consumer confidence declines. Despite Trump's leniency hints on tariffs, fears of a trade war continue to loom, impacting market sentiment and Tesla's sales.
In late-morning trading, major U.S. stock indexes showed mixed results as investors remain cautious amid ongoing political and economic uncertainty. The Dow and S&P 500 gained slightly, but the Nasdaq slipped. With the upcoming Federal Reserve meeting and ongoing sell-offs, market sentiment is shaky. Tesla and Nvidia face significant losses, while Intel rallies with new leadership.
