Tesla stock sinks to 9-month lows as Musk controversies leave ‘black cloud’
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.
Tesla stock dipped 9% premarket after the EV giant registered its first annual profit decline since 2017 and reported a double miss for Q4 earnings.
Microsoft joined Apple in the highly exclusive $3 trillion club Wednesday.
About a fifth of all Americans and Canadians subscribe to Netflix, boosting the streaming titan to record 2023 profits.
Mark Zuckerberg’s social media giant has lost $25 billion in Zuckerberg’s pet metaverse division since 2022, but investors have been lured back by record profits in the core social media business.
Investors no longer have to go through a crypto-focused exchange to directly invest in bitcoin.
Woods reportedly pocketed $500 million over his 27 years with Nike.
Mark Cuban and Elon Musk quarreled on social media this week over the intent of diversity, equity and inclusion initiatives following the controversial resignation of Harvard University’s first Black president.
Apple has lost roughly $160 billion of market value so far in 2024 as analysts warn about the stock’s growth potential.