Ross Gerber, a longtime Tesla shareholder, outlined to BI four reasons he thinks the stock is vulnerable to a 50% pullback this year.
A U.S. Securities and Exchange Commission (SEC) filing registered on Dec. 31, 2024, showed Musk donated 268,000 shares of Tesla stock. Aaron Beckner, a holder of power of attorney for Musk, signed the document ( archived, archived ).
11hon MSN
Elon Musk has lost $52 billion in net worth since the year began, but he’s still the richest person in the world by a long shot, according to the Bloomberg Billionaires Index. Shares of Musk’s Tesla dropped 8% before market close Tuesday after a steady decrease of more than 20% over the past month.
Over the past twenty-plus years, companies led by Elon Musk have received at least $38 billion in government funding. That’s the headline-grabbing takeaway from a new Washington Post feature, which highlights how “government infusions at key moments helped Tesla and SpaceX flourish.”
A group named Everyone Hates Elon claimed responsibility for the poster. "We don't want his cars, or his fascist politics," a spokesperson said.
Tesla rolled out self-driving features to some of its cars in China after BYD said all its cars would get its self-driving tech for free.
Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person.
Many Massachusetts residents say they're unlikely to buy another Tesla and want to get rid of the one they have.
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