Elon Musk gets more bad news as rival launches the anti-Tesla

Another titan of industry is gunning hard for Musk's market share.

Apr 29, 2025 - 06:30
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Elon Musk gets more bad news as rival launches the anti-Tesla

Irrespective of the bump that it received closing week after Elon Musk’s earnings announcement, Tesla (TSLA) is easy going thru an uphill battle. Shares kicked off this week by falling, suggesting that the stock’s momentum may be brief-lived.

With Musk asserting that he plans on reducing back his work with the Division of Govt Effectivity (DOGE), many investors had enjoyable, and the market reacted successfully, regardless of the vagueness of Musk’s statement. Now it seems that the hype is already cooling off, correct just a few days later.

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