Tesla, China and Trump
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However, despite a recent drop in sales, Tesla stock has been cruising on an unlikely rally over the past week.
From Austin American-Statesman
Musk has since dismantled USAID, terminated several thousand federal employees, per The Guardian, and, most recently, cut 121 contracts worth approximately $350 million, as Newsweek reported.
From AOL
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to Trump's tariffs with steep duties, in an intensifying trade war between the world's two largest economies that cast a shadow on global growth.
Shares of mega-cap tech leaders tumbled Wednesday afternoon after a surprise announcement of auto tariffs from the White House.
Stephen Morris Well, people were very pessimistic, seeing sales figures come in from around the world, in particular in China, Europe, and the US. And as such, it adjusted their forecast downwards, but these undershot even those and they were the worst quarter for EV deliveries since 2022.
US Market Crash: Dow bleeds for Day 2, nosedives over 1,250 pts; Tesla, Grail, Micron biggest losers
US Stock Market Crash April 4, Donald Trump Reciprocal Tariffs, US Growth Concerns: US stocks continued to bleed for a second straight session on Friday, following their worst crash in five years, as investors stayed on tenterhooks following President Donald Trump's tariff announcements on April 2 that prompted reactions from America's trade partners such as China.
President Donald Trump’s much-anticipated “Liberation Day” has arrived, and the world seems to have gone into frenzy as markets brace for the
Tesla investors are bracing for a drop in Q1 vehicle deliveries as a backlash against CEO Elon Musk's politics exacerbates weakening demand.
The Dow, S&P 500, and Nasdaq had their worst day since 2020 Thursday as the stock market reacted to President Donald Trump's global tariffs.
Car companies like Ford and Dodge-owner Stellantis are responding to Trump's auto tariffs with discounts, fees, and production stoppages.