Tesla share value peaked last year at almost $480 but has now plummeted 45% as its CEO has waded into the political arena attached at the hip with Trump.

YOU’RE MISTAKEN, MR. MUSK: Lawmakers and officials from Western states are warning that Trump and Musk’s firings and funding freezes will leave the region woefully unprepared for coming wildfire season, just two months after blazes devastated Los Angeles, our NATALIE FERTIG and JORDAN WOLMAN report for Pro subscribers.

For Tesla specifically, information from the Department of Transportation indicates that the company imports roughly 25% of its materials from Mexico.

Elon Musk's first visit with Donald Trump in the Oval Office five years ago struck a very different tune than we've seen between the two men for the past month.

Elon Musk appears be to turning off potential Tesla buyers with his embrace of far-right politicians around the world, analysts say, and the hit couldn't come at a worse time.

The electric vehicle giant’s stock hit a fresh 2025 low on Thursday, now down 25% year to date. Tesla shareholders haven’t had much to celebrate recently. Slowing sales in Europe, increased competition in China and political blowback against the company’s divisive leader could all be factors in the recent sell-off.

Mike Myers, 61, the Austin Powers star, made a cameo on the US comedy show playing the Tesla billionaire. Dressed as Mr Musk, he enters the Oval Office with a chainsaw and says: “Donald what are ...