Musk-Trump Feud Distracts Tesla Traders
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24/7 Wall St. on MSNStock Market Recovery: 7 Best Stocks to Buy in JuneThe April panicked sell-off overreactions to President Trump's reciprocal tariff policies resolved in a few weeks, leading some bull runs for stocks as high as over +70% in only 2 months.
The 'One Big, Beautiful Bill' proposes the accelerated expiration of the EV tax credit. Tesla could see a massive hit if the spending bill passes.
Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.
Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.
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Tesla stock rose 3.40% after being listed as official operator of autonomous vehicles in Austin, with plans to launch robotaxi service on June 12.
S&P 500 traded near the benchmark's record highs as talks provide a glimmer of hope for a US-China trade deal.
The stock has been on a roller coaster ever since President Trump’s election. The shares fell nearly 15% this week.
The May jobs report beat expectations, and unemployment held at 4.2%. Trump’s tariffs and the trade war continue to affect the economy and global markets. Follow along for live updates on the jobs report as well as the Dow,