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USA Property

US attorney general calls Tesla vandalism ‘domestic terrorism’

Compounding the company's public relations woes, the Vancouver International Auto Show announced it was removing Tesla from the event on the eve of its Wednesday kick-off, citing security concerns. Politics "has absolutely no bearing on the decision", the show's executive director Eric Nicholl said late on Tuesday. "This is purely from a safety point for our guests and our attendees." In an interview at the White House late on Tuesday, Musk told Fox News he was "shocked" at the attacks on Tesla vehicles and the "hatred and violence from the...
Stock Market

Why Tesla stock tumbled 28% in February

Jeremy Bowman  |  The Motley FoolTesla tumbles below $1 trillion valueFor the first time since November, Tesla is worth less than $1 trillion. The firm's stock tumbled 8% after new figures showed sales have slumped in Europe.After soaring following the election, Tesla (NASDAQ: TSLA) stock ran into a wall in February as a number of news items, macro challenges and CEO Elon Musk's involvement in the Department of Government Efficiency (DOGE) initiative all seemed to contribute to a sharp pullback in the stock.When the dust settled for February, the stock...
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