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Tesla (NASDAQ:TSLA) CEO Elon Musk responded to reports about him funding the GOP for midterms and has expressed his concerns about the future of the U.S. if the “radical left” comes to power.
Late Thursday, Musk, in a post on his social media platform X, warned that the U.S. would be in dire straits if the Democrats take control. He predicted that this would lead to an influx of illegal immigration and fraud, which would fundamentally change the country.
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US stocks mostly edged higher on Friday as Wall Street kicked off trading in 2026 after its third consecutive year of double-digit percentage gains.
The Dow Jones Industrial Average (^DJI) gained about 0.6%, while the S&P 500 (^GSPC) increased 0.2%.
The tech-heavy Nasdaq Composite (^IXIC) fell below the flat line, despite gains in semiconductor giants Nvidia (NVDA), AMD (AMD), and Micron (MU).
Shares of Tesla (TSLA) fell after the EV maker's deliveries missed expectations.
Markets are coming off a sputtering end to a roller-coaster 2025 that nevertheless ended with sizable gains for the ma

Short seller Michael Burry just took a swipe at another richly valued stock: Tesla (TSLA).
Burry, who rose to fame shorting the housing market during the 2008 financial crisis, dubbed the EV maker as "ridiculously overvalued" in a Substack post on Sunday. Business Insider was first to report on Burry's latest missive.
His post took aim at the "tragic algebra" of stock-based compensation, and Tesla was an example. Tesla dilutes its stock by 3.6% a year, he said, and offers no buybacks.
"Tesla's market capitalization is ridiculously overvalued today and has been for a good long time," Burry s

Tesla's (TSLA) Europe woes are only getting worse.
According to the European Automobile Manufacturers' **** ociation (ACEA), Tesla electric vehicle registrations (a proxy for sales) in Europe fell to just 6,964 units in October, a 48.5% drop compared to a year ago. Meanwhile, total EV registrations in the region, which includes the UK and the European Free Trade **** ociation, rose 32.9% in October, with overall registrations regardless of powertrain up 4.9%.
October's total marks the 10th straight month of declining Tesla sales in Europe. Meanwhile, the overall market share of EVs in the br

Tesla (TSLA) stock popped on Monday as Melius Research tabbed the EV maker a "must own" due to its autonomy efforts and as CEO Elon Musk talked up its chipmaking progress.
"One of the reasons we called Tesla a 'must own' in our recent launch — despite all the obvious risks — is that the world is about to change, dramatically," Melius ****** yst Rob Wertheimer wrote in a note on Monday morning. "Autonomy is coming very soon, and it will change everything about the driving ecosystem … We believe the next five years will see hundreds of billions in value shift, from a collection of soon to be st

Good news is that Elon is sharing more and more $tsla posts.

Bad news is that big damage has already been done to car business aka the primary business, which won't be reversed for years....

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