New analysis shows Tesla shares have plunged by almost 40 per cent over the past six weeks, racking up losses every week since CEO Elon Musk made his high profile move to Washington in support of President Donald Trump. Experts say Tesla has been hit by a fall in brand sentiment, led by consumers exercising caution over Musk’s decision to switch gears from entrepreneur to partisan political player. Trent Murray has more on the story from Berlin.
Top News
- New coach Gattuso vows to restore enthusiasm to battered Italy
- MOM to conduct sample checks, ask for proof that maids are immune to measles
- Stocks drop after Fed comments as Mideast fears lift crude
- Commentary: The G7 was a great idea – until it became one against six
- German firms to submit competing EU bids for AI data centre, newspaper reports
- Singapore launches national genetic testing programme for hereditary cholesterol condition
- Cute, coveted – and counterfeit: China seizes 46,000 fake Labubu toys as state media sound alarm
- Google faces setback as EU court adviser backs antitrust regulators