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The stock's sharp decline also reduced $15.3 billion off Musk's net worth, according to the Bloomberg Billionaires Index.
Investors fear that Musk's companies, which receive significant subsidies from the federal government, could suffer further if his feud with Trump continues to fester.
The S&P/ASX 200 is set to fall after President Trump threatened higher tariff rates on key trading partners overnight.
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
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Numbers tallied up by the group suggest Toyota found 1,187,000 takers globally for its RAV4 through calendar year 2024, while ...
Dave Portnoy announced a $10 million investment in Tesla (NASDAQ: TSLA), betting on a quick rebound during the ongoing ...
Lei Jun, founder and chairman of Xiaomi Corp., the only tech company to have successfully diversified into carmaking, ...
India’s protectionism combined with relaxation of foreign investment limits has encouraged foreign automakers to manufacture ...
Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.