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How Tesla Became the Epicenter of Political Protests

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Throughout the weekend, demonstrators convened at Tesla stores in numerous urban centers globally to protest Elon Musk’s alleged collaboration with Donald Trump, which they believe has undermined the U.S. government. The aim was to cast a negative light on Tesla vehicles. A placard in Manhattan declared, "Torched a Tesla, rescued democracy." These activists seek to leverage market-driven democratic processes through their actions as a means to impact America’s political system. *** Dara Kerr and Edward Helmore report as follows: In New York City, hundreds of demonstrators against Tesla assembled outside the company's Manhattan dealership on Saturday. Sophie Shepherd, aged 23 and an organizer for Planet Over Profit, clarified that the protest was not targeting electric vehicles as a whole. We're gathered here to demonstrate against Musk for hosting what amounts to a Tesla exhibition on the White House grounds," she stated. "Our aim is t...

Tesla Stock Sinks as Another Company Flags Elon Musk's Sales Struggles

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Topline Tesla's stock declined further on Monday despite the overall market shedding its correction status, with the company’s shares—led by the globe’s wealthiest individual, Elon Musk—experiencing pressure. further pressure From Wall Street as Musk becomes increasingly intertwined with the White House. Key Facts Tesla shares fell approximately 5% to reach $238 each by the latter part of Monday, marking a disappointing beginning to the week following its closing price on Friday. lowest end-of-week level from the week prior to the election. Tesla's decline occurred amid an overall upturn, with the S&P 500 rising by 1%, following its 2.1% increase from the previous day and poised for its best closing point in ten days. According to FactSet data, Tesla was the lowest-performing stock among approximately 100 S&P stocks with a valuation of $100 billion or more on Monday. The decline occurred as Musk’s compan...

Elon Musk's Tesla Halts Cybertruck Deliveries Amid Owner Complaints About Detaching Metal Sides

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The adhesive securing the stainless steel body of the pickup truck is deteriorating for numerous vehicles. Tesla customers, Result: causing its sides to bulge outward. This incident represents the most recent in a series of manufacturing defects plaguing the Cybertruck, which was once considered promising but is now encountering multiple issues. The most recent indication that the Tesla Cybertruck might turn into Elon Musk’s first major failure is the suspension of its sales due to an increasing number of incidents where the metal panels are detaching. On Thursday, the electric vehicle fan website Electrek reported Tesla delivery personnel report that all outgoing vehicles have been halted due to worries about adhesive issues with the external stainless-steel paneling. The problem isn't new; however, it hasn't been addressed yet. Specifically, owners residing in areas with cold climates have been raising concerns about this issue. for we...

Tesla Sounds Alarm on Retaliatory Tariffs in Trade War

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Tesla is cautioning that both itself and other American exporters might face retaliatory tariffs under the current presidency. Donald Trump imposes tariffs on U.S. trade counterparts. In a letter addressed to U.S. Trade Representative Jamie Greer earlier this week, Tesla expressed support for an extensive and detailed procedure aimed at collecting necessary data. This approach ensures effective measures against unjust trading activities without unintentionally adversely affecting American businesses. Tesla CEO Elon Musk is a strong supporter of Trump and was appointed by him to head the Department of Government Efficiency (DOGE). The firm’s worries mirror those expressed by other American exporting companies during the escalating trade conflict. As a U.S. maker and seller of products, Tesla supports the USTR in evaluating the subsequent effects of measures aimed at tackling unjust trading behaviors, according to their statement. TRUMP STATES T...