Tesla, Elon Musk and President Trump
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MarketBeat on MSNTesla Stock: Why These 2 Downgrades Are Actually a Buy SignalCompanyOverview|NASDAQ:TSLA] When a stock climbs 14% in just two trading sessions despite getting hit with not one but two analyst downgrades, the market is sending a clear message. Tesla Inc (NASDAQ: TSLA) has done exactly that this week,
Tesla was downgraded by two firms, reflecting growing unease following a public fallout between CEO Musk and President Donald Trump.
Tesla shares had rallied in the wake of Trump’s reelection, which Musk vigorously supported, but are down almost 40% off their peak in December.
Key Points One Wall Street analyst downgraded Tesla stock today. CEO Elon Musk's feud with President Trump may hurt the EV company. Expectations for Tesla's upcoming robotaxi reveal event may be too high.
Tesla Inc. received a pair of downgrades ... demand for new Teslas,” wrote analysts at Argus Research, who downgraded the stock to hold from buy. The feud, they added, is emblematic of how ...
CNBC's 'Squawk on the Street' crew discuss Tesla as the electric carmaker's stock was hit with several downgrades since the Trump-Musk fallout.