A group of major Tesla shareholders is calling on CEO Elon Musk to recommit his attention to the electric vehicle company, citing declining sales, reputational damage and the CEO’s growing list of outside ventures — including a now-concluded stint in the Trump administration.In a letter sent Wednesday to Tesla board chair Robyn Denholm, the investors urged the board to require Musk to spend a minimum of 40 hours per week at the company and to adopt new governance policies that would limit directors’ externa ...

Group 1 - Elon Musk has concluded his role in the Trump administration, where he led the Department of Government Efficiency aimed at reducing federal government size [1] - Musk expressed gratitude to President Trump for the opportunity to address wasteful spending during his tenure [1] - As a special government employee, Musk was allowed to work for the administration for a maximum of 130 days in a calendar year, which he has now reached [2] Group 2 - Musk plans to shift his focus back to his businesses, including Tesla, SpaceX, and xAI, after his government role [2] - He mentioned that the "DOGE mission" will continue to grow and become integrated into government operations over time [2]

Core Viewpoint - Tesla is facing a crisis, prompting pension fund leaders to urge Elon Musk to dedicate more time to the company, citing concerns over stock volatility, declining sales, and human rights practices [1][2]. Group 1: Investor Concerns - Investors expressed serious concerns about Tesla's stock price volatility, declining sales, and negative reports regarding human rights practices, which have contributed to a plummeting global reputation [2]. - The investors are advocating for a minimum of 40 hours per week of work from Musk at Tesla as a condition for any new compensation plan, alongside a clear succession plan for management and limitations on outside board commitments for Tesla directors [2][6]. - The group of investors collectively owns approximately 7.9 million shares in Tesla and criticized the board for not acting in the best interest of all shareholders [6]. Group 2: Financial Performance - Tesla's stock price has decreased by 12% this year, contrasting with a mere 1% decline in the Nasdaq index [5]. - Monthly sales in Europe for Tesla fell by nearly 50% in April compared to the same month last year, continuing a trend of significant declines observed in the first quarter [5]. Group 3: Brand Reputation - Tesla's brand value has significantly declined since 2024, dropping from 8th to 95th in the Axios Harris Poll of public perceptions of U.S. companies, now ranking behind six other automakers [4][5]. - The decline in reputation is attributed to Musk's controversial rhetoric and political activities, including substantial financial support for political campaigns [4]. Group 4: Board Composition - Investors have requested the addition of at least one new independent director with no personal ties to existing board members, highlighting concerns over board independence [8]. - Tesla recently announced the appointment of former Chipotle CFO Jack Hartung to its board, although he has prior connections to Musk's brother, Kimbal Musk [8].

Group 1 - Joby Aviation, Inc. has experienced a rally of over 20% following the announcement of securing funding from Toyota to advance its commercial air taxi business [1] - The funding from Toyota is expected to significantly bolster Joby Aviation's efforts in the air taxi market, which is a growing sector within the transportation industry [1] Group 2 - James Foord, an economist with a decade of experience in global market analysis, leads an investing group focused on building diversified portfolios [1]

NVIDIA Corporation NVDA was one of the most talked-about stocks on Wednesday and that will likely continue throughout the week. The company is set to report its first-quarter financial results after market close.In a new poll, Benzinga viewers predict whether the company will beat or miss analysts’ revenue and earnings per share estimates.Benzinga Poll Predictions: Analysts expect Nvidia to report first-quarter revenue of $43.54 billion, up from $26.04 billion in last year’s first quarter, according to data ...

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If you believe in the U.S.'s long-term future, investing in sectors where the country has leadership, particularly the companies that lead the way, makes sense. In that vein, here's why Cheniere Energy (LNG 1.20%), GE Aerospace (GE 3.81%), and Tesla (TSLA 6.64%) are companies with a significant role in America's future. The United States is the largest liquefied natural gas exporter in the world From being a distant third behind Qatar and Australia in 2019, the U.S. has become the clear leader in liquefied ...

Core Insights - Tesla is witnessing significant insider trading activity, with Kimbal Musk exercising stock options for 91,588 shares valued at approximately $31.1 million, and Ira Ehrenpreis planning to sell 477,572 shares estimated at around $162.06 million, marking one of the largest insider transactions by a Tesla director in recent times [1][3][4]. Insider Transactions - Kimbal Musk filed to exercise stock options for 91,588 common shares on May 27, valued at about $31.1 million based on current market prices [1]. - Ira Ehrenpreis submitted a Form 144 to sell 477,572 shares, estimated at $162.06 million, indicating a significant insider transaction [3][4]. Recent Trading Activity - Kimbal Musk has been consistently selling Tesla shares, including a sale of 75,000 shares in February for nearly $27.6 million and 60,500 shares in November 2024 for approximately $15.1 million [5]. - The scale and timing of these transactions are likely to attract market scrutiny, despite insider filings being relatively common [5]. Stock Performance - Tesla's stock has been rallying, closing up 7% at $362, with a 26% gain over the past month, despite weakening fundamentals [6]. - The recent sales occur amid a backdrop of declining vehicle sales and increasing competition, with Tesla's new car registrations in Europe dropping 53% year-over-year in April [7].

Cathie Wood has been right about Tesla before, and the company is about to launch its highly anticipated Robotaxi service. People tend to listen when Cathie Wood speaks on Tesla (TSLA 6.64%). The founder and manager of Ark Invest was one of Tesla's most vocal supporters in the mid-to-late 2010s, before the company became the electric vehicle, energy storage, autonomous driving, and robotics company it is now, with a $1 trillion market cap. Her Tesla call lifted her flagship fund, the ARK Innovation ETF, to ...

Shares of Tesla Inc. NASDAQ: TSLA opened just over $350 on Tuesday and started up after the long Memorial Day weekend with some seriously strong momentum. Tesla TodayTSLATesla$361.90 +22.56 (+6.65%) 52-Week Range$167.41▼$488.54P/E Ratio177.51Price Target$293.97Add to WatchlistThe stock is now up over 55% from its April low, with the last two weeks marked by tight consolidation and base building—the kind of setup technical traders love heading into a potential breakout.Get Tesla alerts:Now, a powerful new ...