Tesla stock drops
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Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global markets.
With shares down 21% year to date, Tesla ( TSLA 0.04%) is reeling from a combination of weakening electric vehicle (EV) demand, political uncertainty, and a CEO who seems to have misplaced priorities.
Dow futures fall as President Donald Trumps tariff deadline approaches, raising fresh concerns on Wall Street. With the 90-day pause on reciprocal tariffs ending July 9, Trump officials warn duties could return to their harsh “Liberation Day” levels by August 1 unless new trade deals are signed.
Major stock indexes fell as President Trump announced higher U.S. tariffs on goods from Japan, South Korea, and others amid the U.S. trade war. This uncertainty fueled market selloffs, impacting major companies.
Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on Monday after CEO Elon Musk's plans to launch a new U.S. political party heightened concerns about his commitment to the company's future.
Three themes tell the story of the year so far, embodied by three stocks that encapsulate the highs and the lows of the first half of 2025. Boeing (BA) has become the government's favorite trade talk tool,
Wall Street wavered as President Trump's tariff threats on key trade partners like Japan and South Korea prompted market uncertainty. The S&P 500 and Nasdaq saw minor gains, while Tesla and Moderna stocks surged amid legal disputes.
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Tesla shares fall after America Party unveilingIt didn’t take long for Tesla to be once again negatively impacted by Musk’s political involvement. Shares dropped nearly 7% after Musk announced plans to launch a new U.S. political party following his feud with Donald Trump over the latter’s spending bill.