A top Treasury career staffer is expected to depart. Surrogates of Musk’s DOGE effort had sought access to sensitive payment systems.

Tesla Inc.’s quarterly results this week drove home the lesson that profit and sales numbers don’t seem to matter much for this stock anymore. Instead, it’s Elon Musk’s narrative that’s wooing investors at the moment.

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Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.

On the Tesla front, Musk said robotaxis with unsupervised Full Self Driving technology will begin picking up fares in Austin, Texas, beginning this June. “I’m confident we’ll release unsupervised FSD in California (this year), as well,” he said.

The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the year.

His efforts to “repel the disastrous invasion of our country” by migrants and drugs from Mexico and Canada may soon include stemming the passage of cars. A promise to impose sweeping tariffs on “day one”,

Daiwa analyst Jairam Nathan has maintained their neutral stance on TSLA stock, giving a Hold rating today.Invest with Confidence: Follow

Tesla investors are eagerly awaiting details on the automaker's plans for a lower-priced electric vehicle model

That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since 2018. Last year, EVs and hybrids together made up 20% of U.S. new car sales and that number is significantly higher globally, propelled especially by China, where EVs alone make up 50% of new car sales.

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.