Is Tesla a Millionaire-Maker?
It's been a tumultuous ride for Tesla (NASDAQ: TSLA) shareholders lately. Its inimitable chief Elon Musk has been in the news constantly, but for reasons mostly unrelated to Tesla itself. As head of the new Department of Government Efficiency (DOGE), Musk has taken aim at the federal bureaucracy, claiming to eliminate what he and the Trump Administration say is waste, fraud, and abuse.His tenure at the helm of DOGE and his central presence in politics -- domestic and foreign -- have made him an increasingly polarizing figure. Meanwhile, shares of Tesla have fallen roughly 40% from their high in December as the company struggles to grow sales. Still, Tesla remains a profitable electric vehicle (EV) maker, a leader in autonomous driving and robotics, and its energy storage business is growing rapidly. There are plenty of reasons to remain optimistic.So, let's consider: Is Tesla a millionaire-maker?Continue reading
It's been a tumultuous ride for Tesla (NASDAQ: TSLA) shareholders lately. Its inimitable chief Elon Musk has been in the news constantly, but for reasons mostly unrelated to Tesla itself. As head of the new Department of Government Efficiency (DOGE), Musk has taken aim at the federal bureaucracy, claiming to eliminate what he and the Trump Administration say is waste, fraud, and abuse.
His tenure at the helm of DOGE and his central presence in politics -- domestic and foreign -- have made him an increasingly polarizing figure. Meanwhile, shares of Tesla have fallen roughly 40% from their high in December as the company struggles to grow sales. Still, Tesla remains a profitable electric vehicle (EV) maker, a leader in autonomous driving and robotics, and its energy storage business is growing rapidly. There are plenty of reasons to remain optimistic.
So, let's consider: Is Tesla a millionaire-maker?
