Short sellers make $16bn profit from Tesla’s share price plunge
Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car maker
Read more at Financial Times
Topics
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Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - Mar. 10 -
Trump promises to buy a Tesla after electric-car maker’s shares tumble
US president’s late-night social media post follows company’s 15% share price dropFinancial Times - Mar. 11 -
Tesla’s Letter to the Trump Administration, Tariffs and a Market Meltdown
Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.The New York Times - 4d -
Tesla warns Trump administration it is ‘exposed’ to retaliatory tariffs
Elon Musk’s electric-car maker says levies could make it costlier to produce vehicles in the USFinancial Times - 5d -
China Cools on Musk: ‘Two Cars for the Price of One Tesla’
Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important market.The New York Times - 5d -
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.The New York Times - 4h -
Tesla faces backlash over Elon Musk's ties to Trump and far-right support
Tesla shares have plunged more than 47% since President Trump's inauguration as criticism mounts over Elon Musk's involvement in the administration and his statements backing far-right views. ...CBS News - Mar. 11 -
Trump says he’s buying ‘brand new’ Tesla to support Musk
President Trump said he would be buying a “brand new” Tesla to support his senior adviser Elon Musk, as the stock market shows shares of the electric car company tumbling. “To Republicans, ...The Hill - Mar. 11 -
Rage Against Elon Musk Turns Tesla Into a Target
The backlash against the electric vehicle company has turned violent at times, as its billionaire chief executive parlays his support for President Trump into consequential influence over the ...The New York Times - Mar. 9
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