Core Viewpoint - Elon Musk's criticism of President Trump's budget bill, which significantly increases the federal deficit, poses potential risks for Tesla, especially as the company faces declining electric vehicle sales and the loss of federal incentives [1][2][6]. Group 1: Financial Impact on Tesla - Tesla is expected to report a significant drop in electric vehicle deliveries, with estimates around 380,000 units for the second quarter, representing a 14% decline year-over-year, while some analysts predict a sharper drop to about 355,000 units, a 20% decrease [4][5]. - The elimination of $7,500 tax credits for EV buyers, likely to phase out in September, will adversely affect Tesla's sales, alongside the end of government support for a national EV charging network [2][4]. - For the full year, Tesla's vehicle sales are now expected to be around 1.6 million, down nearly 10% from 2024 [5]. Group 2: Regulatory and Political Environment - Musk's companies have received at least $30 billion in public support since 2010, making them highly reliant on federal assistance, particularly Tesla, which could face stricter regulations on autonomous vehicles and robotaxis [2][6]. - The political landscape is tense, with Musk's recent clashes with Trump potentially leading to increased scrutiny on Tesla from government agencies, including investigations into Tesla's Autopilot and Full Self-Driving features [8][9]. - Trump's comments suggest that Musk's loss of EV mandates could lead to further repercussions for Tesla, indicating a volatile relationship between the company and the current administration [9].

In trading on Tuesday, shares of Tesla crossed below their 200 day moving average of $313.28, changing hands as low as $293.21 per share. Tesla Inc shares are currently trading down about 5.2% on the day.10 Stocks Crossing Below Their 200 Day Moving Average »The chart below shows the one year performance of TSLA shares, versus its 200 day moving average:TSLAtickertechLooking at the chart above, TSLA's low point in its 52 week range is $182 per share, with $488.5399 as the 52 week high point — that compares ...

Group 1 - U.S. equities showed mixed performance, with the S&P 500 and Nasdaq declining from record highs while the Dow Jones Industrial Average increased [1][5] - Tesla (TSLA) shares fell due to a renewed conflict between CEO Elon Musk and President Trump, who suggested an investigation into Tesla's subsidies [1][5] - Sweetgreen (SG) shares dropped following a downgrade and price target cut by TD Cowen, citing weakness in urban locations [2] - AeroVironment (AVAV) shares decreased after announcing a $1.35 billion stock and convertible notes offering to finance its $4.1 billion acquisition of BlueHalo [2] Group 2 - Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) surged after Macau casinos reported June gambling revenues exceeding expectations [3][5] - Packaging Corporation of America (PKG) shares rose after acquiring Greif's containerboard business for $1.8 billion [3] - Hasbro (HAS) shares increased following an upgrade from Goldman Sachs, which highlighted potential benefits from the "Magic: The Gathering" card game [3] Group 3 - Oil and gold futures experienced an increase, while the yield on the 10-year Treasury note advanced [4] - The U.S. dollar strengthened against the euro and pound but weakened against the yen [4] - Most major cryptocurrencies traded lower [4]

Core Viewpoint - Tesla shares have experienced significant declines due to escalating tensions between President Trump and Elon Musk, leading to concerns over federal scrutiny and regulatory challenges [1][2][5]. Group 1: Stock Performance - Tesla shares fell 5.45% to $301.01 on July 1, reflecting ongoing investor concerns [1]. - Year-to-date, Tesla shares are down more than 25%, attributed to weakening global demand and increasing competition in the EV market [2]. - Since Trump's return to office on January 20, Tesla shares have decreased by 29.02%, with an investor's $1,000 investment now worth approximately $709.28 [6]. Group 2: Political Dynamics - Tensions between Trump and Musk have escalated, with Trump criticizing Musk's reliance on federal subsidies and suggesting an investigation into taxpayer funding for Musk's companies [3][4]. - Trump's comments indicate a potential shift in the political landscape that could impact Tesla's operations and valuation, as the relationship between Musk and Trump deteriorates [5]. Group 3: Operational Challenges - Tesla is facing operational pressures, particularly in Europe and China, where EV sales are declining due to increased competition and price fatigue [9]. - Analysts suggest that Musk's political entanglements are contributing to the company's sales challenges in these key markets [9].

Core Insights - Tesla has launched its V4 Superchargers in China, enhancing its charging infrastructure in the world's largest EV market with faster charging speeds and broader access for third-party EVs [1][10] Group 1: V4 Supercharger Launch - The V4 Superchargers provide peak charge rates up to 325 kW, allowing compatible EVs to achieve 168-200 miles of range in just 15 minutes [1][10] - Initial deployment of V4 Superchargers has occurred in Shanghai, Chongqing, Gansu, and Zhejiang provinces, with plans for expansion to Beijing and Guangdong [2] - Tesla's Shanghai factory is manufacturing V4 chargers, which helps in reducing installation costs to less than $40,000 per station [3] Group 2: Competitive Landscape - Tesla currently operates over 11,000 charging stalls in China, positioning itself as a leader in the EV charging network with more than 70,000 Superchargers globally [4] - BYD is introducing "megawatt" chargers that promise 400 km of range in five minutes, aiming for 15,000 units, although a timeline for deployment is not yet established [6] - Li Auto operates 2,414 super-charging sites and aims to exceed 4,000 stations by the end of 2025, focusing on highway access [7][8] Group 3: Market Position and Valuation - Tesla's V4 rollout, while trailing BYD in peak power, excels in installed base and cost efficiency [8] - Tesla shares have declined approximately 21% year-to-date, compared to a 19% decline in the industry [9] - The company trades at a forward price-to-sales ratio of 9.71, significantly above the industry average, indicating a potential valuation concern [12]

Core Viewpoint - Tesla's stock experienced a significant decline of over 7%, losing billions in market value due to renewed tensions between CEO Elon Musk and former President Donald Trump, particularly regarding federal subsidies and a tax bill affecting electric vehicles [1][2][3]. Group 1: Stock Performance - Tesla's stock fell by $22.78, or 7.17%, to $294.88 per share, down from a previous close of $317.66 [1]. - The stock's decline is part of a broader trend, as similar tensions in June previously wiped out over $150 billion from Tesla's valuation in a single day [7]. Group 2: Political Tensions - Trump criticized Musk on his Truth Social platform, threatening to eliminate federal subsidies for Tesla and SpaceX, claiming Musk benefits excessively from government support [2][3]. - Musk has publicly opposed a Trump-backed spending bill that could reduce electric vehicle tax credits, which he described as "utterly insane and destructive" [4][14]. Group 3: Market Impact and Analyst Insights - Analysts predict that the potential changes from the tax bill could cost Tesla approximately $1.2 billion in annual profit [4]. - Wedbush analyst Dan Ives noted that the ongoing political drama is becoming tiresome for shareholders, who prefer Musk to concentrate on Tesla's operations rather than engage in political disputes [11][12]. Group 4: Sales Performance - Tesla is expected to report a year-over-year decline of 11% in global vehicle deliveries, adding to the pressure on the stock [13]. - Additionally, Tesla's sales in Sweden and Denmark have decreased for six consecutive months as of June [14].

Group 1 - Tesla Inc (NASDAQ:TSLA) stock is down 4.1% to $294.81, with a significant sales drop of over 60% in Sweden and Denmark [1] - Year-to-date, TSLA shares have decreased by 26.7% and are currently testing their 80-day moving average, a level that has only been breached once in the last two months [2] - Options traders are increasingly leaning towards puts, with TSLA's 10-day put/call volume ratio in the 71st percentile of annual readings, indicating bearish sentiment [3] Group 2 - The stock's Schaeffer's Volatility Index (SVI) is at 54%, ranking in the 12th percentile of its annual range, suggesting lower-than-usual volatility expectations among options players [4] - The Schaeffer's Volatility Scorecard (SVS) for TSLA is 85 out of 100, indicating that the stock has tended to exceed volatility expectations over the past year [4]

Market Overview - U.S. stock futures are lower, with Dow futures down approximately 0.1% [1] - Tesla, Inc. shares fell sharply in pre-market trading, dropping 4.6% to $303.13 [2] Company-Specific Movements - Greenlane Holdings, Inc. saw a significant decline of 18.7% to $4.31 after a previous increase of 72% [4] - Dyne Therapeutics, Inc. shares decreased by 12.9% to $8.30 following a $200 million public offering announcement [4] - Insulet Corporation's stock dipped 6.7% to $293.03 in pre-market trading [4] - Progress Software Corporation fell 6.6% to $59.70 after releasing second-quarter results [4] - AeroVironment, Inc. shares dropped 5.5% to $269.20 after announcing a proposed $750 million common stock offering and $600 million in convertible senior notes due 2030 [4] - New Found Gold Corp. declined 4.2% to $1.36 in pre-market trading [4] - IREN Limited fell 4% to $14.00, achieving a mid-year target of 50 EH/s installed self-mining capacity [4]

Core Viewpoint - Tesla's shares experienced a decline of over 5% in premarket trading due to renewed tensions between President Trump and Elon Musk, with Trump suggesting that government subsidies for Musk's companies should be scrutinized [1][5]. Group 1: Stock Performance - Tesla's stock price briefly fell below $300, settling at approximately $301.10, down 5.2% early Tuesday [2]. - Since the public feud began last month, Tesla's shares have decreased by more than 9.2% [2]. - The shares had previously dropped below $285 last month during the initial public exchanges of criticism between Musk and Trump [3]. Group 2: Key Events and Reactions - The decline in Tesla's shares followed Trump's response to Musk's criticism of his budget bill and Musk's threat to fund primary challenges against GOP members supporting the bill [5]. - Musk criticized the spending bill on his X platform, stating that if it passed, a new political party would be formed [5]. - Trump retaliated by suggesting that without federal subsidies, Musk's companies might need to shut down, implying significant savings could be achieved by eliminating these subsidies [5]. Group 3: Financial Implications - Elon Musk's net worth is estimated at $406.5 billion, making him the world's richest person, but this figure is likely to decrease if the premarket dip in Tesla's shares persists [4].

Core Points - Tesla shares faced pressure following President Trump's suggestion to investigate cutting subsidies for Elon Musk's companies [1][2] - Trump claimed that Musk may receive more subsidies than any individual in history, implying that without these subsidies, Musk's ventures could cease operations [2] - Tesla's stock dropped over 5% in premarket trading, indicating investor concern over the potential impact of subsidy cuts on Musk's companies, including SpaceX and Starlink, which rely heavily on government support [3]