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Tesla, Howard Lutnick and Commerce Secretary

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Forecasters on Wall Street are also lowering their expectations.
From Insider
Benchmark has added Tesla (TSLA) stock to its “Best Ideas” list, signaling confidence in the stock despite its recent selloff.
From Business Insider
Volkswagen AG’s global deliveries rose in the first quarter as Europe’s biggest automaker benefited from surging demand for its electric vehicles.
From Bloomberg L.P.

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Sorry, Howard: Tesla stock drops below a level plugged by Trump's commerce secretary as 'cheap'
Tesla dropped below $235 a share, a level that Commerce Secretary Howard Lutnick said recently would be the cheapest the stock would ever be.
Commerce Secretary Howard Lutnick’s Promotion Of Tesla Stock On TV Raises Serious Ethics Concerns
Legal experts have claimed that Commerce Secretary Howard Lutnick's promotion of Tesla stocks raises significant ethical concerns. Tesla has been facing a consumer boycott because its CEO, Elon Musk,
Tesla shares plunge below commerce secretary’s ‘never this cheap’ level
Tesla Inc.’s stock extended losses Monday, dropping below a price at which Commerce Secretary Howard Lutnick predicted they’d never fall to again. The shares plunged as much as 9.2% to $217.41 as of 9:41 a.
Benchmark Promotes Tesla Stock (TSLA) to “Best Ideas” List amid Brutal Selloff
Benchmark has added Tesla (TSLA) stock to its “Best Ideas” list, signaling confidence in the stock despite its recent selloff. The investment
Is Now the Best Time To Buy Tesla Stock?
Let's get one thing clear up front -- if anyone tells you they know the direction of Tesla's stock in the next few days or months, they're wrong. Short-term price movements of stocks are
Tesla is a best idea pick at Benchmark with catalysts on the way
Tesla (TSLA) is added to Benchmark's Best Ideas list with a $350 target, citing new models, robotaxis, and robotics as growth catalysts in 2023.
Volkswagen Capitalizes on Tesla Weakness With EV Sales Jump
Volkswagen AG’s global deliveries rose in the first quarter as Europe’s biggest automaker benefited from surging demand for its electric vehicles.
Tesla Cybertruck Sales Saw A Sharp Dive In The First Quarter
Sales of Elon Musk’s chunky truck in the year’s first three months were less than half of what it delivered in Q3 and Q4 of last year, according to Cox Automotive.
Tesla's Damage Isn't Irreversible, But A Rebound Won't Come Easily (Upgrade)
Tesla, Inc.'s stock faces risks with declining market share and tariffs, but the upcoming Model Q launch may shift the narrative. Click for my TSLA stock update.

Tesla Stock Rebounds

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Markets reacted negatively to the news of Trump's tariffs. The Dow Jones Industrial Average tumbled about 9 percent since last Wednesday, while JP Morgan has warned there's a growing recession risk.
From Newsweek
Navarro’s not wrong that Musk’s electric vehicle company relies on foreign parts.
From New Republic

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Tesla Stock Price Hits Low Trump Ally Said Wouldn't Happen
The value of Tesla opened at $223 per share on Monday. It fluctuated throughout the morning, rising to about $244 per share by 10:15 a.m. By 11:30 a.m., it had dropped back down to $225 per share and remained around $227 per share by noon. By 1 p.m. ET, it had leveled out at about $228 per share. At the time of publishing, it was $230.96.
Tesla Stock Rebounds as Musk Calls Trump’s Trade Advisor a “Moron”
Tesla stock (TSLA) rose 2.3% to $227.30 in early Wednesday trading after a chaotic 24 hours that saw Elon Musk publicly slam President Trump’s
Musk Gets His Way as Trump’s Tariff Flip-Flop Revives Tesla Stock
Tesla CEO Elon Musk appeared to get his way, at least for now, as President Donald Trump announced Wednesday that he was putting a 90-day pause on his tariff plan. Trump said he would pause his reciprocal tariffs on individual nations—up to 50% for some—during the period and keep a 10% baseline tariff on U.
Musk Trashes Trump’s “Moron” Trade Adviser Amid Major Tariff Blowback
Elon Musk called Donald Trump’s top trade adviser Peter Navarro “dumber than a sack of bricks” Tuesday, once again betraying the administration’s deep rift over the president’s disastrous tariffs. Navarro found himself in hot water with Musk after he called the billionaire bureaucrat a “car assembler” during an appearance on CNBC Monday.
Lawmakers scrambled to cash in as Trump's bromance with Musk blossomed: report
New reporting by Forbes revealed that at least 10 members of Congress traded Tesla stock of up to $1.27 million after Elon Musk endorsed Donald Trump for the presidency.The three dozen trades, which occurred after July 12,
Why Tesla Stock Is Skyrocketing Today
The stock market is surging today after President Donald Trump announced some big changes to his administration's tariff policies, and Tesla is seeing outsized gains. In addition
Tesla Shares Plunge Below Lutnick’s ‘Never This Cheap’ Level
Tesla Inc.’s stock extended losses Monday, dropping below a price at which Commerce Secretary Howard Lutnick predicted they’d never fall to again.
Howard Lutnick’s no good, very bad weekend
He was proven very wrong on Monday as the stock dropped to $217.41 within 45 minutes of the market opening, according to Bloomberg. It recovered from that trough throughout the day, even bouncing above its previous close, but the stock was down 3.8 percent on the day as of 3:45 pm ET.
Tesla’s Plummeting Stock Just Hit a Level That Lutnick Said Would ‘Never’ Happen
Tesla’s stock has plummeted to a new low only three weeks after Commerce Secretary Howard Lutnick advised Americans to buy it because “it’ll never be this cheap again.” Elon Musk’s company’s shares dropped 10 per cent in early trading on Monday, leveling out at $214.80 down from $235.86 when Lutnick made his remarks.
InvestmentNews3d
Lutnick was wrong about how low Tesla stock might fall
The shares plunged more than 10% to $214.80 amid a broader rout in global equity markets. Lutnick said during a Fox News interview on March 19 that viewers should buy the stock, saying “it’ll never be this cheap again.” Chief Executive Officer Elon Musk told Tesla employees the following day that they should hang on to their shares.
The New Republic on MSN2dOpinion
Everybody Hates Howard Lutnick
Until last week, nobody was more despised inside the Trump White House than “special government employee” Elon Musk. But after Musk’s $25 million belly flop in the Wisconsin Supreme Court election punctured his aura of invincibility, that baton passed to Commerce Secretary Howard Lutnick.
All the president’s salesmen: Senior Trump officials hawk MAGA-friendly products
Donald Trump has long entangled politics and business. Now, senior Trump administration officials are using their perches in government to reward companies that have embraced the MAGA movement. Elon Musk’s account on X — the social media site he owns — oscillates from promoting his brands like SpaceX and Tesla to making pronouncements that could reshape government.
Frustration grows with Commerce Secretary Howard Lutnick ahead of Trump tariff announcement: ‘Loose cannon with half-baked ideas’
One source said annoyance with the secretary is so prevalent it is “like being a mosquito at a nudist colony — where do you even start?”
Tesla falls below price Lutnick said it wouldn’t drop to again
Tesla Inc.’s stock extended losses in early trading Monday, dropping below a price at which Commerce Secretary Howard Lutnick predicted they’d never fall to again.
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