Tesla recalls 2,400 Cybertrucks for concerns related to drive inverter

Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla is recalling 2,431 Cybertrucks due to a possible problem with the drive inverter. The National Highway Traffic Safety Administration (NHTSA) said the driving inverters in the recalled Cybertrucks may contain a “defect” […]

Hedge funds shorting Tesla lost more than $5B after Trump win: report

Hedge funds that bet on Elon Musk's Tesla lost billions of dollars after Donald Trump won the White House last week, according to a report. Investment firms that held short positions in the electric car maker's stock between Election Day and Friday's close took a theoretical hit of at least $5.2 billion. According to Bloomberg […]

Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say

Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a key backer, following last week's post-election rally. The electric vehicle manufacturer's […]

Musk's Tesla hits $1T market cap after Trump win

Tesla stock continued its massive rally on Friday, pushing the electric vehicle (EV) maker's market cap to more than $1 trillion. The company's stock was up 7% as of midday Friday. Tesla stock has risen nearly 26% since the market closed on Election Day. The company joins a small group of companies that have crossed […]

Elon Musk net worth surges past $300B as Tesla crosses $1 trillion

Elon Musk's support for President-elect Donald Trump has paid off in spades, with his net worth topping $300 billion on Friday, much of it for Tesla, whose market capitalization exceeds $1 trillion. It depends. Musk has donated nearly $120 million to pro-Trump super PACs, valued at $302 billion as of Friday. According to ForbesThis calculated […]

Tesla shares surge on Trump victory after Musk’s campaign support

Tesla CEO Elon Musk's endorsement of Donald Trump on Wednesday saw the electric car company's stock rise nearly 15% and add roughly $20 billion to the world's richest people's net worth. , won their own victory. Billionaire tech founder donated millions to pro-Trump PAC to rally on former president's behalf and offer $1 million a […]

Tesla stock surges after Trump wins presidency

Thomas Hayes, chairman of Great Hill Capital, spoke about how long stock prices will continue to rise after Trump's election victory over Bernie & Company. shares of Electric car manufacturer Tesla Stocks rose sharply on Wednesday after President-elect Trump won the presidential election. Tesla shares soared as much as 14% after the market opened, but […]

Tesla shares surge 13% after CEO Elon Musk touts sales forecast

CEO Elon Musk has told investors that the company's electric vehicle sales will increase 20-30% next year as it prepares to roll out more affordable models. Tesla stock rose more than 13% before the opening bell Thursday after the company said it expected . Tesla, which had a market capitalization of nearly $670 billion as […]