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Tesla stock lower despite robotaxi test poised to start this week [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Weakness in the stock comes after the fallout between CEO Elon Musk and President Trump, which does not show any signs of improving, at least for now. Last week, Tesla stock tumbled nearly 15% and saw more than $150 billion in market cap erased after Musk slammed Trump's GOP-backed spending bill, prompting fiery responses from the president and raising concerns over the political risk now tied to the EV maker due to the actions of its chief exec. While Trump allayed some concerns over his relationship with Musk on Friday , over the weekend the President told NBC News he had "no intention" of speaking to Musk in the near future. Tesla shares were down as much as 4% in premarket trading but pared some losses in early trade. Tesla received two analyst downgrades on Monday morning, citing the clash between Trump and Musk and the overhang it has created for the stock. Argus cut its rating to Hold from Buy, with analyst Bill Selesky weighing in on the situation. "We are concerne
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