Car Wreck: Ford Falls 7%, Tesla Slides 4%
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4 Articles
Car Wreck: Ford Falls 7%, Tesla Slides 4%
The post Car Wreck: Ford Falls 7%, Tesla Slides 4% appeared first on 24/7 Wall St.. Quick Read Ford (F) stock dropped 7% intraday to $13.50 after surging 20% in one week, with management having just raised FY2026 adjusted EBIT guidance to $8.5B-$10.5B on Q1 revenue of $43.25B and $2.55B net income. Tesla (TSLA) stock fell 4% alongside Ford, with a trailing P/E of 399x and forward P/E of 208x but also an analyst price target of $412.25. Profi…
Tesla stock plunges 4% after Musk's China visit: here's why
Shares of Tesla (TSLA) dropped roughly 4% on Friday after high expectations surrounding US-China talks failed to deliver a major breakthrough for the company’s autonomous driving ambitions.The stock fell to around $428.72 in early trading, interrupting a strong recent run that had seen Tesla rise for three consecutive weeks.Coming into Friday’s session, Tesla shares were up roughly 3.5% for the week following a 9.6% gain the previous week.The pu…
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