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Tesla's market capitalization has fallen by 45% since a peak of $1.5 trillion on Dec. 17, erasing significant gains. Reuters

Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?

Tesla’s market capitalization has fallen by 45% since a peak of $1.5 trillion on Dec. 17, erasing significant gains associated with CEO Elon Musk’s support of Donald Trump’s campaign.

Toyota is pausing production lines due to a supply chain interruption caused by an explosion at a supplier, affecting operations for at least two days.

Nissan has abandoned its merger with Honda, leading to a search for a new chief executive officer to restore trust and management effectiveness.

Elon Musk criticized India’s high auto tariffs, which reach up to 110%, highlighting these tariffs in discussions for a potential Tesla launch in India.

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Last Updated 8 hours ago
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