Tesla Stock ‘Somehow’ Rises Despite Big Earnings Miss—As Musk Predicts It Will Be World’s Biggest Company
- Tesla shares rose by 4.4% in after-hours trading despite lower than expected profits of $2.3 billion, down 71% from last year, as reported by Tesla's earnings release.
- CEO Elon Musk stated that Tesla could become the world's most valuable company, worth more than the next five companies combined, according to management's statements.
- Polling data from YouGov showed Musk with a 44% favorable opinion, which is lower than former President Trump's net-positive rating, as reported by YouGov.
- A coalition has filed a lawsuit against Musk's Department of Government Efficiency, claiming it violates federal laws and is influenced by conflicts of interest, as mentioned in the lawsuit.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right2Center2Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 28%
R 29%
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