The president defended Elon Musk, a key donor and adviser, after shares in the electric-car maker hit their lowest point since before Election Day.
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.
The Dedham Police Department is investigating at least two instances of vandalism in the area of the local Tesla dealership.
In the bond market, Treasury yields held a bit steadier after tumbling in recent months on worries about the U.S. economy. The yield on the 10-year Treasury rose to 4.26% from 4.22% late Monday. In January, it was nearing 4.80%.
Since Elon Musk went to Washington, D.C., to slash the government, the stock of his car company Tesla has taken a significant hit, worrying some shareholders.
As Elon Musk attempts to drastically cut the federal workforce and delves further into the corridors of American power, the Tesla CEO’s electric carmaker facilities have come under fire — literally, NBC News reported.
With Tesla's stock cut in half, investors want their CEO back.
Six people were arrested during a protest at a Tesla showroom in Manhattan amid dissent over Elon Musk's role in the government.