Here are some key headlines related to Tesla, Inc. (TSLA) this week:
Stock Performance: Tesla stock has been trending downward, down 29% this year, but it’s up about 25% from its 52-week closing low1.
Tariffs Impact: A new 25% tariff on Chinese EV batteries and parts could affect Tesla and Ford’s cheapest electric vehicles.
Battery Plant Proposal: Indonesia proposed building an electric vehicle battery plant in the nickel-rich country, and Tesla’s CEO Elon Musk met with Indonesian President Joko Widodo to discuss this.
Discounts for European Fleet Buyers: Tesla is offering discounts to European fleet buyers after retail price cuts impacted fleet value and service issues arose.
Racial Bias Accusations: Tesla is facing accusations of racial bias, including the use of ethnic slurs
Stock Performance: Tesla stock has been trending downward, down 29% this year, but it’s up about 25% from its 52-week closing low1.
Tariffs Impact: A new 25% tariff on Chinese EV batteries and parts could affect Tesla and Ford’s cheapest electric vehicles.
Battery Plant Proposal: Indonesia proposed building an electric vehicle battery plant in the nickel-rich country, and Tesla’s CEO Elon Musk met with Indonesian President Joko Widodo to discuss this.
Discounts for European Fleet Buyers: Tesla is offering discounts to European fleet buyers after retail price cuts impacted fleet value and service issues arose.
Racial Bias Accusations: Tesla is facing accusations of racial bias, including the use of ethnic slurs