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Keywords: Tesla


Tesla stock tumbles amid escalating Musk-Trump feud over subsidies

Tesla’s stock price plunged more than 5% in premarket trading on Tuesday as tensions between President Donald Trump and billionaire Elon Musk intensified. The feud, which has centered on government subsidies and congressional spending, has shaken investor confidence, pushing Tesla shares below......

Tesla establishes Moroccan subsidiary, signaling Africa expansion

Tesla has officially entered the Moroccan market by creating a local subsidiary headquartered in Casablanca. The move positions Morocco as a key hub for Tesla’s operations in North Africa and a launchpad for its broader ambitions across the African continent. The subsidiary, established on May......

Trump-musk feud sends tesla shares tumbling amid political showdown

The escalating feud between Elon Musk, CEO of Tesla, and former US president Donald Trump has triggered a sharp sell-off in Tesla shares, wiping out roughly $150 billion in market value. On Thursday, Tesla stock plunged 14%, marking one of its steepest declines in recent months as tensions between the......

Musk vs Trump as Tesla Shares Tumble and SpaceX Threatens NASA

Elon Musk, the CEO of Tesla and a close associate of U.S. President Donald Trump, has entered a heated dispute with the administration over its latest budget proposal. Musk’s outspoken criticism of Trump’s massive tax reform plan triggered a sharp fallout, leading to a dramatic drop in Tesla......

Tesla’s electric vehicle sales halved in Europe

Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......

Trump’s tariffs on Chinese parts halt Tesla’s Cybercab and Semi plans

Tesla’s plans to import components from China for its new Cybercab and Semi electric truck models have been put on hold due to rising tariffs imposed by former President Donald Trump, according to a source familiar with the matter. These tariffs, introduced as part of an ongoing trade war with......

Tesla's Moroccan Factory Rumor: Unraveling the Misinformation

What began as an April Fool's joke has escalated into widespread misinformation regarding Tesla's supposed investment in a factory in Morocco. Claims circulated widely on social media and various Moroccan news outlets that Tesla would establish its first African factory in Kenitra, with an investment......

Tesla establishes its first African factory in Morocco

Tesla has officially announced its establishment in Morocco, marking the company’s first African factory in the free zone of Kénitra, near the Tanger Med port. This strategic project, previously kept under wraps, is valued at $5 billion and is expected to create around 25,000 jobs, with......

Elon Musk’s government role nearing an end amidst challenges

Elon Musk has recently hinted at stepping back from his governmental role, with President Donald Trump acknowledging that Musk will likely return to focus on his businesses soon. The Department of Government Efficiency (DOGE), a government initiative Musk has been involved with, is also facing an uncertain......

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