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Musk claims political backlash affects Tesla stock prices

Musk claims political backlash over government cuts is impacting Tesla’s stock performance and causing public protests against him.

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Musk claims political backlash over government cuts is impacting Tesla’s stock performance and causing public protests against him.

In Short

Elon Musk believes his role in the Trump administration is harming Tesla’s stock price, which has dropped significantly this year.

He is also supporting a conservative candidate in a state election, but Tesla faces additional challenges like declining vehicle deliveries and increased tariffs in the U.S. auto industry.

Elon Musk has stated that his involvement in the Trump administration may be negatively impacting Tesla’s stock price.

During a town hall event in Wisconsin, he expressed concern that his position with the Department of Government Efficiency, which advocates for government job cuts, has triggered backlash against Tesla.

Musk noted that his stock and that of Tesla has significantly decreased, with shares down approximately 34% year-to-date and nearly halved from their peak in December.

Long-term opportunity

On Monday, shares were down an additional 6% in premarket trading. Despite the decline, Musk suggested this could represent a long-term buying opportunity.

He is also actively supporting a conservative candidate in an upcoming state supreme court election, having invested over $12 million in the race.

Musk’s political engagement has led to public demonstrations against him, including protests at Tesla dealerships and vandalism directed at Tesla vehicles.

Aside from his role in the Trump administration, Musk has been a notable political figure, campaigning with Trump in the 2024 elections and frequently commenting on various political issues on X, the social media platform he owns.

Tesla is reportedly facing challenges beyond Musk’s political activities. The company has experienced a decline in vehicle deliveries, particularly in Europe, and a recent note from investment firm Stifel has lowered both its price target and sales projections for Tesla.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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U.S. stocks falling amid AI worries and weak earnings

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

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U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.


U.S. stocks are tumbling as investors grow concerned over AI profitability and disappointing earnings. Defensive sectors are attracting attention ahead of the upcoming CPI report, while market participants are carefully watching how tech-heavy AI stocks are influencing broader indices. Steve Gopalan from SkandaFX notes that these factors are shaping market sentiment.

For traders, commodities like gold and oil are also playing a role in sentiment, providing hedges amid market uncertainty. The January jobs report and unemployment data are adding further context, with potential implications for Federal Reserve policy.

Market expectations for rate cuts are shifting as investors weigh economic indicators against global market dynamics. Traders are also eyeing currency movements, including the Australian Dollar and Japanese yen, for signs of broader economic trends.


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Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

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Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.


Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

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#WallStreet #TechStocks #ArtificialIntelligence #StockMarket #Investing #MarketCrash #NASDAQ #FinanceNews


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U.S. jobs report, Fed decisions, and Japan’s economic risks explained

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

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January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.


The January US jobs report shows a mixed picture for the economy, with payroll revisions and steady unemployment leaving analysts questioning the impact on Federal Reserve policy. We break down what the numbers mean for interest rates and market confidence.

US stock markets could face turbulence as investors digest the latest jobs data. David Scutt from StoneX explains how these figures may influence equities and what the outlook is for global markets.

Meanwhile, developments in Japan and a strengthening yen could spark new macroeconomic risks. From carry trades to unexpected shocks, we explore how these factors ripple across the global economy.

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#USJobsReport #FederalReserve #StockMarket #MacroRisks #JapanEconomy #GlobalMarkets #CurrencyTrading #EconomicUpdate


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