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DOGE Blowback Aside, Elon Musk Thinks Tesla Stock Is Going To Do Fine: 'It's A Buying Opportunity'

Benzinga LogoBenzinga1d ago

DOGE Blowback Aside, Elon Musk Thinks Tesla Stock Is Going To Do Fine: 'It's A Buying Opportunity' - Benzinga

Quick Summary:

Ever since Elon Musk began his stint in the Donald Trump Administration as head of the Department of Government Efficiency (DOGE), he and his businesses have dealt with significant blowback.Tesla Inc.’s (NASDAQ:TSLA) brand has been impacted across key markets, resulting in a decline in sales and even outright vandalism against the company and its vehicles.

The company’s stock has taken a nosedive since December, nearly halving and destroying billions of dollars in shareholder value, with Musk alone taking a hit to the tune of $200 billion.

Tesla was in such dire straits that President Donald Trump himself hosted an event for the company on the White House driveway.


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Article Details

Author / Journalist: Vishaal Sanjay

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 10:51:36 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27473470

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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  • URL: https://chronographically.beamstart.com/news/doge-blowback-aside-elon-musk-17434184575562

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