Even longtime bull couldn't sugar coat the EV maker's sales figures. "They were a disaster on every metric," wrote Wedbush Securities' Dan Ives.
Tesla shares rose after Politico reported that CEO Elon Musk could leave his post at the so-called Department of Government Efficiency.
Did Warren Buffett acquire Elon Musk's Tesla for $1 trillion in cash? On April 1, Tuesday, an article was published which claimed that the investor had bought Tesla, leaving the internet in shock. The article caused a huge confusion on internet and to such an extent that Yahoo News US had to issue a clarification.
2don MSN
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Tesla’s stock jumped Wednesday on a report that the electric vehicle maker’s CEO, Elon Musk, may exit President Donald Trump's Department of Government Efficiency.
Tesla has faced a number of issues since President Donald Trump’s inauguration, including plummeting stock prices, fewer deliveries of its electric vehicles and mass protests against Musk at its dealerships. Many Americans are protesting Musk and his efforts to slash federal government spending as a part of the Department of Government Efficiency.
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.
Elon Musk and President Donald Trump have recently suggested that the billionaire entrepreneur's time in the administration might be running out