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Tag: Tesla Stock

Elon Musk Bolsters Tesla Stake with $1 Billion Purchase Amid Board’s Trillion-Dollar Pay Defense

Elon Musk Bolsters Tesla Stake with $1 Billion Purchase Amid Board’s Trillion-Dollar Pay Defense

Elon Musk Bolsters Tesla Stake with $1 Billion Purchase Amid Board’s Trillion-Dollar Pay Defense Tesla CEO Elon Musk has reportedly invested an additional $1 billion in the electric vehicle company’s stock. This significant acquisition comes as the Tesla board continues to defend a controversial compensation package that could see Musk receive nearly $1 trillion if he achieves specific, ambitious performance goals. Musk’s latest stock purchase underscores his deep commitment to Tesla’s future and its strategic objectives. The proposed, unprecedented pay…

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Tesla Stock Surges as Elon Musk Buys $1 Billion in Shares Following Board’s ‘Trillion-Dollar’ Pay Plan

Tesla Stock Surges as Elon Musk Buys $1 Billion in Shares Following Board’s ‘Trillion-Dollar’ Pay Plan

Tesla Stock Surges as Elon Musk Buys $1 Billion in Shares Following Board’s ‘Trillion-Dollar’ Pay Plan Tesla Inc.’s stock experienced a significant uplift, moving into positive territory for the year, after CEO Elon Musk disclosed the purchase of approximately $1 billion worth of the company’s shares. This substantial investment comes in direct response to an unprecedented pay proposal from Tesla’s board of directors. According to a regulatory filing released Monday, Musk acquired the shares indirectly through a revocable trust on…

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Tesla Shares Plummet, Elon Musk’s Fortune Dips $17 Billion After Q2 Warning

Tesla Shares Plummet, Elon Musk’s Fortune Dips $17 Billion After Q2 Warning

Tesla Shares Plummet, Elon Musk’s Fortune Dips $17 Billion After Q2 Warning Shares of electric vehicle giant Tesla experienced a significant plunge on Thursday, leading to an estimated $17 billion reduction in Elon Musk’s net worth. The sharp decline followed the company’s second-quarter report on Wednesday, which revealed the largest quarterly revenue drop in over a decade and a nearly $600 million loss in automotive regulatory credits. During the earnings call, Musk cautioned investors that Tesla could face “a few…

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Tesla Shares Plunge 9% After Dismal Earnings; Musk’s Future Vision Fails to Reassure Investors

Tesla Shares Plunge 9% After Dismal Earnings; Musk’s Future Vision Fails to Reassure Investors

Tesla Shares Plunge 9% After Dismal Earnings; Musk’s Future Vision Fails to Reassure Investors Tesla (TSLA) stock experienced a significant 9% drop on Thursday, following the release of a dismal earnings report after market close on Wednesday. The electric vehicle giant reported double-digit declines in both earnings and revenue, marking the largest sales slump in the company’s history. This financial downturn is compounded by looming challenges, including the expiration of a crucial $7,500 US EV tax credit in October and…

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Musk’s Political Ambitions Spark Tesla Stock Drop Amidst Trump Feud

Musk’s Political Ambitions Spark Tesla Stock Drop Amidst Trump Feud

Musk’s Political Ambitions Spark Tesla Stock Drop Amidst Trump Feud Tesla shares experienced a significant decline this week, tumbling by as much as 7.6% in premarket trading Monday, following CEO Elon Musk’s announcement of his intention to form a new American political party. The move drew immediate and sharp criticism from US President Donald Trump, who publicly dismissed Musk as ‘off the rails’ and a ‘train wreck’ on his Truth Social platform late Sunday. While Tesla stock (TSLA) recovered some…

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Elon Musk’s Political Party Bid Sends Tesla Shares Tumbling, Draws Trump’s Rebuke

Elon Musk’s Political Party Bid Sends Tesla Shares Tumbling, Draws Trump’s Rebuke

Elon Musk’s Political Party Bid Sends Tesla Shares Tumbling, Draws Trump’s Rebuke Tesla’s stock experienced a significant downturn in premarket trading, dropping 7% following CEO Elon Musk’s weekend announcement of his intention to launch a new political entity, the ‘America Party.’ Musk stated the party would strategically target a limited number of Senate and House seats, aiming to become a decisive voting bloc on contentious legislation. This latest political foray by the billionaire has reignited concerns among investors already grappling…

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Musk Walks Back Anti-Trump Social Media Tirade, Market Reacts

Musk Walks Back Anti-Trump Social Media Tirade, Market Reacts

Musk Walks Back Anti-Trump Social Media Tirade, Market Reacts Elon Musk issued a public apology for his recent aggressive social media posts targeting President Trump, stating they “went too far.” This follows a significant market downturn for Tesla, partially attributed to the fallout from the public spat. The conflict, stemming from Musk’s opposition to a proposed Trump tax bill, threatened SpaceX’s government contracts and negatively impacted Tesla’s stock price. While Tesla shares initially dropped, they saw a rebound following Musk’s…

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