From Yahoo Finance: 2025-04-26 14:24:00

Tesla (NASDAQ:TSLA) shares have plummeted 33% this year due to falling demand and CEO Elon Musk’s political ties. Deliveries dropped 13% in Q1, with European sales down 49% in the first two months. Gerber Kawasaki CEO Ross Gerber cites negative consumer sentiment and the need to prioritize vehicle sales over robo-taxi projects. Musk’s support for Trump has backfired, impacting Tesla’s image negatively. Market uncertainty looms as Tesla struggles to meet earnings expectations. 1. The stock market hit new record highs today, with the S&P 500 closing at 4,500 and the Dow Jones reaching 35,000 for the first time. This surge comes as investors remain optimistic about economic recovery and strong corporate earnings reports.

2. A new study found that 70% of Americans are now fully vaccinated against COVID-19, surpassing the Biden administration’s goal of 70% by July 4th. Health officials credit increased vaccination efforts and outreach programs for the milestone.

3. The U.S. economy added 943,000 jobs in July, exceeding expectations and marking the biggest gain in nearly a year. The unemployment rate also fell to 5.4%, down from 5.9% in June. This strong job growth is seen as a sign of continued economic recovery.



Read more at Yahoo Finance: Ross Gerber Says Elon Musk A ‘Negative’ For Tesla Stock, Trump’s Win Proved ‘Not Good At All’ For Company