Short sellers make $16bn profit from Tesla’s share price plunge

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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
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  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 drop
  
  Financial Times - Mar. 11
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  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
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  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 US
  
  Financial Times - 4d
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  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
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  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 - 2h

• 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
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  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
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  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

More from Financial Times

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  Labour unveils disability benefits reforms that aim to save over £5bn

  Move risks stoking biggest backbench rebellion of Sir Keir Starmer’s premiership
  
  Financial Times - 3h
• 

  US Chief Justice rebukes Trump after president’s threat to impeach judges

  John Roberts issues rare statement to say attacks on judicial branch of government are not ‘appropriate’
  
  Financial Times - 49m
• 

  Will anybody buy a ‘Mar-a-Lago accord’?

  The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency
  
  Financial Times - 2h
• 

  The US establishment is scared of its own shadow

  Fear and muddled thinking are stopping Trump’s opponents from acting in defence of a democracy in peril
  
  Financial Times - 6h
• 

  Putin agrees 30-day halt to strikes on Ukrainian energy infrastructure in call with Trump

  Kremlin said Russian president ‘reacted positively’ to US counterpart’s suggestion during call
  
  Financial Times - 42m

More in Business

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