Aerial view to sell Tesla on March 20, 2025 in Hamilton, Canada.
Catherine Ki Cheng Getty Images News | Gety pictures
Timing The stocks go to their best day in 2025 after falling for nine consecutive weeks due to the increasing controversy surrounding the CEO Elon MuskPolitical activities.
The stocks were more than 10 %. The stocks are on his best day since November 6, 2024, which is the day after President Donald Trump’s victory in the elections, making it the best shares in the S&P 500 index for this day. However, stocks are still trading more than 44 % less than their highest level ever starting from December.
Tesla shares on Monday
The arrow has been widely sold over the past few months amid the increasing consumer provinces and the demand has decreased in the world due to the rise of Musk as a right -wing political figure. There was Multiple accidents to Vandalism and deliberate burning Through Tesla showrooms and charging stations in the United States and Europe.
Morgan Stanley was recently martyred in this direction because it reduced delivery estimates in the first quarter. It now predicts a 9 % decrease on an annual basis, due to the feelings of the negative brand and the most intense competition.
Tesla shares have also benefited from an increase in the broader market morale on Monday, after the Wall Street Journal I mentioned Trump’s mutual definitions from April 2 may be more targeted than previously expected. The customs tariffs are not now announced on the industrial sectors. Some countries may also be Excluded Of the definitions, according to a separate report on Bloomberg. Bloomberg magazine indicated that the situation is still liquid and that the plans may change.
Musk recently addressed the heavy sale of Tesla employees. In a comprehensive meeting last Thursday evening, Musa asked the employees “Wait for your stock.” He also stated that the company’s signing model is “the best -selling car on the ground again this year.”
Correction: Morgan Stanley expects to deliver Tesla in the first quarter to drop more than 9 % from the previous year. A previous version of this story made a mistake.
Get your ticket to Pro Live
Join us on the New York Stock Exchange!
Unconfirmed markets? Gain edge with CNBC Pro LiveAn exclusive event, the opening on the historic New York Stock Exchange.
In the dynamic financial scene today, access to expert visions is very important. As a subscriber in CNBC Pro, We invite you To join us for The first exclusive event, CNBC Pro Live at The Iconic Nyse on Thursday, June 12.
Join Proactive clinics led by our positives Carter Worth and Niles and Dan Eve, With a special version of Pro conversations with Tom Lee. You will also get an opportunity to communicate with CNBC experts, talents and other subscribers within an exciting cocktail watch on the legendary trading floor. Tickets are limited!
https://image.cnbcfm.com/api/v1/image/108119613-1742562852914-gettyimages-2205437195-20250320_getty_teslasvandalized_kcdji_0476.jpeg?v=1742562917&w=1920&h=1080
Source link