WASHINGTON, Feb 26 — Shares of the US electric vehicle pioneer Tesla plunged Tuesday, leaving its market value below US$1 trillion (RM4.4 trillion) as investors digested...
Ex-1MDB director: Jho Low was in Najib’s New York hotel suite, ‘nothing sinister’ with PM’s Goldman Sachs meetThe auto giant sold less than 10,000 units in Europe last month, down around 45 per cent from a year earlier. — AFP picWASHINGTON, Feb 26 — Shares of the US electric vehicle pioneer Tesla plunged Tuesday, leaving its market value below US$1 trillion as investors digested disappointing Europe an sales and chief executive Elon Musk ’s aggressive foray into politics.
Musk has taken on a high-profile advisory role in US President Donald Trump’s administration, charged with slashing government spending. Tesla’s share price surged in the wake of the 2024 US presidential election, with investors betting that Musk’s proximity to Trump could help his companies succeed.
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