Even Musk fans dash for the sidelines with Tesla in freefall
Even after the retreat of the Trump wave, Tesla is still trading at a significantly higher multiple than other mega-cap peers. The shares were trading at 75 times forward earnings as of Monday’s close, compared to an average of 25 times for the so-called Magnificent Seven stocks. The average S&P 500 member trades at around 20 times earnings.
In front of the White House as he looked over the Tesla vehicles, President Trump said he would not be allowed to drive his new car.
At the White House on Tuesday, Donald Trump and Elon Musk flitted about among a fleet of Teslas. "Everything's computer," ...
President Donald Trump looked at a variety of red, white and blue Tesla vehicles outside the White House, opting to purchase ...
Tesla's electric sedan will receive another facelift to bring it up to date and help reverse its declining sales ...
On a recent podcast, Tesla’s Vice President of Vehicle Engineering, Lars Moravy, said the company was set to update the Model S and Model X later this year. While he didn’t provide details ...
US President Donald Trump purchased a red Tesla Model S Plaid to support Elon Musk. The car features a top speed of 200 mph, ...
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