Tesla stock had its best percentage gain in two months Wednesday, but some prominent Wall Street analysts are starting to sour on Elon Musk’s company.
One of the biggest victims of the tariff selloff, Tesla stock’s post-election rally now stands at less than 4% after once enjoying a 90% gain.
Nvidia’s “massive” earnings report came in better than Wall Street expected.
This is how much the DOGE dividend checks would look like now based on Elon Musk’s savings program’s measures thus far (hint: it’s far less than $5,000).
“Changes to the organizational structure will improve standardization, centralization, efficiency and results,” explained Chevron Vice Chairman Mark Nelson in a statement.
The dispute between arguably the two biggest names in generative artificial intelligence—billionaires Sam Altman and Elon Musk—received a new wrinkle Monday as Musk made a nearly $100 billion offer to buy the non-profit entity controlling Altman’s OpenAI, according to The Wall Street Journal.
Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.
Tesla stock’s rally “bore no relation whatsoever” to the company’s earnings results, according to JPMorgan.
Nvidia shares’ 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.