An analyst who is one of the biggest boosters of Tesla on Wall Street says Elon Musk is facing a “moment of truth” at his EV company because of a “crisis” he’s created by spending so much in the Trump administration.The analyst, Wedbush’s Dan Ives, pleaded with Musk in a note published Thursday to reduce his role working with the Department of Government Efficiency (DOGE). “If you agree or disagree with DOGE it misses the point that by Musk spending 110% of his time with DOGE (and not as Tesla CEO) since P ...

Stocks rallied midweek after the FOMC retained its forecast for two rate cuts this year. The culmination of the Fed’s two-day policy meeting brought no change in the target policy rate range, as was widely expected by market participants.The major indices leapt on Wednesday, fueled by a further drop in treasury yields. The S&P 500 and Nasdaq Composite both finished with gains in excess of 1%. Back on Monday, the S&P 500 notched its first set of back-to-back gains since the index’s February peak.The central ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Tesla is issuing a recall for around 46,000 Cybertrucks sold to date because of an exterior steel trim panel on the side of the windshield that can peel off. The National Highway Traffic Safety Administration (NHTSA) said in a filing that the piece can come off while in motion, which can create a hazard for the driver and other people on the road. The filing states that Tesla became aware of the problem in early January and has identified 151 warranty claims related to this panel coming off since then. The ...

A Tesla Cybertruck is parked in front of the White House in Washington, U.S., March 11, 2025.Tesla is recalling more than 46,000 of its Cybertrucks due to a cosmetic exterior trim panel that it said can "delaminate and detach from the vehicle," potentially becoming a road hazard and "increasing the risk of a crash."The recall covers an exterior part of the vehicle, known as a cant rail, and it will affect all Cybertruck vehicles manufactured from November 2023 to February 2025, Tesla wrote in a filing to th ...

ToplineTesla has recalled more than 40,000 Cybertrucks over an exterior panel that may detach while driving, increasing the risk of a crash, according to a regulatory filing Thursday, the eighth notice issued for Tesla’s pickup truck while the company and CEO Elon Musk face growing protests and stock woes.Elon Musk’s automaker has recalled its trucks for issues with accelerator panels, defective driver ... [+] inverters and more.AFP via Getty Images Key FactsThe recall affects Cybertrucks manufactured betwe ...

Although few would doubt the genius of Tesla Inc TSLA CEO Elon Musk, even the world's richest man is not immune to severe – and potentially crippling – criticism. Due to significant headwinds impacting the electric vehicle manufacturer, Musk's net worth suffered a sizable erosion. As such, the volatility in TSLA stock has raised serious questions about the underlying company's path forward.Worryingly, in the European market, Tesla's sales shockingly plunged 45% in January. Even more conspicuous, during the ...

Tesla is recalling just over 46,000 Cybertrucks.It's the eighth recall for the vehicle since it went on sale in late 2023.The NHTSA said an exterior panel could detach and "become a road hazard, increasing the risk of a crash."Tesla is recalling around 46,000 Cybertrucks after the transport safety agency warned that an exterior trim panel could detach while the vehicle is in motion. The NHTSA bulletin said a cant rail — a stainless-steel exterior trim panel — could "become a road hazard, increasing the risk ...

Tesla and Elon Musk are embroiled in a “brand tornado crisis moment” and the electric carmaker’s chief executive needs to cut back on his work for Donald Trump to stem the damage, one of the company’s biggest supporters has said.The warning came as Tesla announced a recall of 46,000 Cybertrucks in the US on Thursday to fix an exterior panel that could detach while driving.It came as protesters announced on Wednesday they are planning what they described as their biggest day of action yet against the EV make ...

Group 1 - Tesla is recalling 46,096 Cybertruck vehicles in the US due to an issue with the cant rail, which can detach while driving [1] - The recall follows more than six callbacks for the Cybertruck last year [1] - The delamination and detachment of the stainless-steel exterior trim panel is the primary concern [1] Group 2 - As a remedy, Tesla will replace the rail assembly free of charge for affected customers [2] - Shares of Tesla remained largely unchanged in premarket trading following the recall announcement [2]