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Democrats Protest Musk, Fed Cuts In Yardley
Yardley, PA Patch· 2025-03-24 16:31
Politics & GovernmentDemocrats Protest Musk, Fed Cuts In YardleyThe Bucks County Democratic Committee staged a protest recently outside the Starbucks on North Main Street in Yardley.The Bucks County Democratic Committee staged a protest recently outside the Starbucks on North Main Street in Yardley. (Nancy Sherlock)YARDLEY, PA —It's the main intersection in the heart of the downtown.It draws a lot of traffic as Afton Avenue meets Main Street. But on this Saturday morning, this busy intersection wasn't just ...
Trouble at Tesla, tariff protests suggest consumer boycotts are starting to bite
Techxplore· 2025-03-24 16:23
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain When the United States starts a trade war with your country, how do you fight back? For individuals, one option is to wage a personal trade war and boycott products from the US. President Donald Trump has said no nation will be exempt from his tariffs, and this includes both Australia and New ...
More trouble for Tesla as China's BYD crosses $100 billion barrier
Business Insider· 2025-03-24 16:01
Tesla's fierce battle to remain the world's top EV company has just hit another roadblock. On Monday, Chinese EV giant BYD reported annual revenues of 777 billion yuan for 2024. At current exchange rates, that equates to roughly $107 billion. By contrast, Tesla's annual revenue last year was $97.7 billion.BYD's net profit jumped 34% year-over-year to just over 40 billion yuan, equivalent to $5.55 billion at current exchange rates. That exceeded analyst expectations of $5.44 billion, though it was below Tesl ...
Tesla Jumps 10% On China FSD Optimism, Tariff Easing Hopes
Benzinga· 2025-03-24 15:28
Tesla Inc. TSLA stock is roaring back after a steep decline, surging over 10% on Monday morning as buyers stepped in following a recent pullback. The stock had been under heavy selling pressure, but renewed enthusiasm around its Full Self-Driving (FSD) rollout in China, easing tariff concerns, and technical support levels appear to be fueling the rebound. Chart created using Benzinga ProTSLA Stock: Buyers Step In, But Challenges RemainDespite Monday's 10% pop, Tesla's stock is down 28% year to date and 17% ...
Tesla stock smashes past $250 as new lifeline emerges
Finbold· 2025-03-24 13:25
As the new trading week begins, Tesla (NASDAQ: TSLA) is looking to extend its recent rally, driven by key developments in the Chinese market.In pre-market trading on Monday, March 24, TSLA stock jumped 4% to $259, decisively breaking the $250 resistance after multiple failed attempts. This follows a strong close on March 21, when the stock surged over 5% to $248.TSLA one-week stock price chart. Source: FinboldHowever, Tesla continues to grapple with challenges, including declining sales and mounting politic ...
Tesla Enters Restaurant Business as Americans Sour on Musk
PYMNTS.com· 2025-03-24 10:46
Tesla is entering the dining business, preparing to open a drive-in restaurant in Los Angeles.This new location would allow diners to eat and watch movies on an outdoor screen while they charged their electric vehicles. But as the New York Times (NYT) reported Friday (March 21), the restaurant’s opening has run into a roadblock: Tesla’s CEO.Elon Musk’s involvement in the Trump administration’s Department of Government Efficiency (DOGE) has turned his car company into a lightning rod, sparking protests at Te ...
Tesla: Beaten Down, Out-Of-Favor And A Strong Buy
Seeking Alpha· 2025-03-24 06:25
A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. I wrote this ...
Tesla vs. Nvidia: Certain Wall Street Analysts Say Buy 1 Stock But Are Split on the Other
The Motley Fool· 2025-03-23 11:30
Core Viewpoint - The tech-heavy Nasdaq Composite has declined over 8% this year, prompting investors to seek opportunities, particularly in popular stocks like Nvidia and Tesla, which have seen significant price drops [1][2]. Group 1: Tesla - Tesla's stock has dropped 38% this year, influenced by broader market sell-offs and concerns regarding first-quarter deliveries [2][3]. - The stock is viewed as a battleground, with analysts divided on its valuation and future prospects; it trades at approximately 86 times forward earnings, with expected earnings growth of 17% [4]. - Among 36 analysts, 12 recommend buying Tesla, 13 suggest holding, and 11 advise selling, with an average price target indicating a potential upside of 41% [4]. - Concerns have been raised about CEO Elon Musk's political involvement and its potential negative impact on Tesla's sales [5]. - Investors are closely monitoring Tesla's first-quarter earnings, as high valuations could lead to significant stock price volatility based on performance [6]. Group 2: Nvidia - Nvidia is widely regarded as a strong buy, with 39 out of 42 analysts recommending the stock, suggesting nearly 50% upside potential [7]. - The emergence of a Chinese start-up, DeepSeek, which developed a chatbot using older Nvidia chips, raised questions about the necessity of Nvidia's technology in the AI sector [8]. - Despite these concerns, Nvidia's CEO Jensen Huang remains optimistic, asserting that increased data demand will enhance the need for Nvidia's products [9]. - Nvidia's stock now trades at 26 times forward earnings, down from previous peaks above 50, with analysts projecting earnings growth of about 48% for fiscal year 2026 [10].
Tesla's stock is down for the ninth week in a row. BI readers got an early signal trouble was coming.
Business Insider· 2025-03-23 10:41
Tesla's Stock Performance - Tesla's stock has not had a winning week since President Trump took office, indicating a prolonged decline [2] - Investor Ross Gerber predicts a potential 50% decline in Tesla's stock by 2025, with shares already down about 20% since the report [3] - The stock has experienced a nine-week losing streak, reflecting ongoing challenges [3] Market Challenges - Tesla faces declining sales in Europe and competition from Chinese rival BYD, which has introduced technology allowing for five-minute car charging [4] - There is a noted downdraft in resale values and consumer backlash against Elon Musk's political views, alongside concerns about his focus on cryptocurrency [4] - Even traditionally supportive analysts, like Dan Ives, have begun to express skepticism about Tesla's prospects [4] Government Support and Ethical Concerns - Despite the challenges, Tesla retains support from government figures, including President Trump and Commerce Secretary Howard Lutnick, although this has raised ethical concerns [5] - The promotion of Tesla by government officials is not yielding the desired results, complicating the company's public image [5] Potential for Recovery - Analysts from Cantor Fitzgerald have identified seven potential catalysts that could positively impact Tesla's business in the near future [6] - Elon Musk's recent all-hands meeting demonstrated his ability to influence employee sentiment, urging them not to sell their Tesla stock, which has garnered some positive reactions [6] - However, investor Ross Gerber remains pessimistic about a near-term rebound for Tesla's stock [6]
Down 42%, Should You Buy Tesla Stock on the Dip?
The Motley Fool· 2025-03-22 22:18
Core Viewpoint - Tesla's stock is experiencing a decline as its valuation adjusts to more realistic levels after a previous hype-driven increase following the election [1] Group 1 - The stock prices referenced were from the afternoon of March 16, 2025 [1] - The video discussing this topic was published on March 18, 2025 [1]