Trump administration is reportedly contemplating a tax increase for the wealthiest Americans. The move is seen as a strategic approach to fund other policy priorities.
Archer and Ethiopian Airlines will collaborate to bring an all-electric air taxi network to the region using Archer’s Midnight aircraft, valued at up to $30 million.
Trump said on Wednesday that the newly announced duties could be neutral or even beneficial for Tesla, adding that Musk did not advise him on auto tariffs.
Piper Sandler analyst Alexander Potter noted that Tesla saw 17,400 vehicle registrations in China last week, marking its strongest weekly result of 2025.
Shares of the EV giant are now down more than 36% this year, with the relative strength index suggesting it is oversold, yet they still trade at a lofty 93x Tesla’s estimated 2025 earnings.
Morgan Stanley analysts cited lower-than-expected deliveries in their updated models, an aging lineup, and a "buyer's strike" driven by negative brand sentiment.
On Thursday, March 20, 2025, Cathie Wood's Ark Invest purchases $2.2M in Tesla shares despite Cybertruck recalls and financial concerns, while simultaneously selling $2.7M of Meta stock amid the company's privacy challenges.
Wedbush’s Dan Ives said that Musk spending "110% of his time with DOGE" since Trump returned to the White House has caused a "political lightning rod" issue.
