Tesla (TSLA -4.97%) has been a great American success story, but the company has received a significant assist from the government over its history, including more than $11 billion in regulatory tax credits over its history and a crucial low-interest loan from the Department of Energy when it was just getting started.
In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down Tesla's (TSLA -4.97%) lower-cost Model Y Standard that failed to meet the market's expectations, and why the company needs to return to EV sales growth for its robotics and AI bets to pay off.
Nvidia, Amazon and Tesla all fell by about 5% on Friday, pushing the Nasdaq down 3.6%, its worst day since April. The slide came after President Trump threatened to slap a “massive increase of Tariffs” on Chinese products imported into the U.S.
The auto industry before might have seemed boring and slow-changing, but Tesla (TSLA -4.97%) has added excitement to the mix. It disrupted the market by bringing mass appeal to electric vehicles (EVs).
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