Musk, Trump and Tesla
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Kovac insisted that he was leaving Tesla only to “spend more time with family abroad,” adding that his “support for @elonmusk and the team is ironclad,” heading off specul
Tesla’s stock was on the verge of a technical breakthrough. Then Musk and President Donald Trump had a very public fallout.
Tesla faces severe sales declines across Europe, with weakening demand drivers and loss of incentives. Click here to find out why TSLA stock is a Strong Sell.
The White House tells the BBC the president does not intend to speak to Musk today following their fiery exchanges on Thursday.
Year to date, Apple ( AAPL 1.79%) and Tesla ( TSLA 3.85%) have been the two worst-performing "Magnificent Seven" stocks, notching losses of 19% and 15%, respectively. But Wall Street expects Apple shares to rebound in the coming months while Tesla shares fall even further, as detailed below: