Formerly Optimistic Tesla Megainvestor: "Code Red"

Quick Summary:

Sales have dropped off a cliff worldwide, with longtime Tesla bull and Wedbush Securities analyst Dan Ives warning that CEO Elon Musk had created a "code red" situation for the company.

The EV maker has seen its stock price fluctuate wildly amid president Donald Trump's tariff war, and is down over 36 percent year to date.

Tesla is expected to report first-quarter earnings after markets close on Tuesday.

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Article Details

Author / Journalist: Victor Tangermann

Category: Technology

Markets: United StatesChina

Topics: Donald trump Tesla Elon musk Dan ives Doge Future Society

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 18:33:47 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 657 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 28157929

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About Futurism

Main Topics: Technology

Official Website: futurism.com

Update Frequency: 10 posts per day

Year Established: 1997

Headquarters: United States

News Last Updated: 15 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #68

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