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3 things that defined a bizarre 2025 for Musk and Co. [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Yet the stock hit a record high on Wednesday, fueled by the latest in its self-driving exploits, and is poised to beat the benchmark S&P 500 ( ^GSPC Santa Claus rally notwithstanding. There was no shortage of news that tossed the stock around like a rag doll, but here are three of the biggest events of the year for Tesla and CEO Elon Musk. It was dubbed a bromance in the White House. Musk's backing of President Trump's reelection campaign in the summer of 2024, for which Musk personally spent over $100 million, meant the two were connected in more ways than just ideology. Musk was given almost exclusive access to Trump at the White House and Mar-a-Lago. Trump rewarded Musk's loyalty by making him the head of the so-called DOGE, or Department of Government Efficiency initiative. But things soon unraveled. Musk went after Trump's signature "One Big Beautiful" spending bill, claiming it was big on pork spending. But more importantly to Tesla, the bill removed the federal EV
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