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Tesla

Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

Tesla Opens Hiring In India In Likely Hint Of Upcoming Launch

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Tesla enfrenta caídas en entregas y acciones, pero su plan de expansión en EE.UU. podría cambiarlo todo en 2026. ¿Lo logrará?

Elon Musk planea duplicar la producción de Tesla (TSLA), pero ¿habrá compradores?

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Los más grandes gigantes de la tecnología del mercado, a menudo llamados los Siete Magníficos, aumentaron colectivamente más de 250 000 millones de dólares en capitalización bursátil durante la negociación de la mañana del miércoles.

Los Siete Magníficos rebotan tras informe de inflación suave

The Tesla Trade

Movers

Las acciones de Tesla (TSLA) suben un 6,47 % tras el anuncio de Elon Musk de duplicar la producción de vehículos en EE.UU. en dos años.

Acciones de Tesla (TSLA) suben tras el compromiso de Musk de duplicar la producción en EE.UU.

Tesla Inc

<a href="https://www.reuters.com/business/autos-transportation/tesla-plans-model-y-costing-least-20-less-produce-defend-china-share-sources-say-2025-03-14/" title="https://www.reuters.com/business/autos-transportation/tesla-plans-model-y-costing-least-20-less-produce-defend-china-share-sources-say-2025-03-14/">https://www.reuters.com/business/autos-transportation/tesla-plans-model-y-costing-least-20-less-produce-defend-china-share-sources-say-2025-03-14/</a>

Reuters Reported Earlier, Tesla Plans 20% Lower-Cost Model Y Built In Shanghai From 2026; Versions Also Planned For Europe, North America

Despite nearly a 50% drop since mid-December,&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are still too expensive to attract seasoned investor Ross Gerber back into the fold.
What Happened: Ross Gerber, the president and CEO of Gerber Kawasaki Wealth &amp; Investment Management, in an <a href="https://www.businessinsider.com/tesla-stock-price-crash-outlook-ross-gerber-elon-musk-tsla-2025-3">interview </a>with Business Insider, stated that he doesn&#8217;t see a clear path for Tesla&#8217;s stock to rebound this year, even after the significant losses.
The long-term Tesla investor maintains that Tesla&#8217;s stock is still overpriced and believes that for the stock to rebound, Tesla&#8217;s earnings need to increase. On Wednesday, Tesla&#8217;s shares were trading at a forward price-to-earnings ratio of 65, more than three times the valuation multiple of the S&amp;P 500. Gerber considers the stock to be overpriced at its current level, particularly as analysts have downgraded the company&#8217;s projected 2025 vehicle sales for the second consecutive year. &#8220;There&#8217;s this game that is happening now where the fundamental story has to be revalued,&#8221; stated Gerber.
The investor also criticized Musk&#8217;s controversial political actions, which he views as a lasting obstacle for the Tesla brand. Musk&#8217;s close association with President Donald Trump has reportedly led to a shift in the brand&#8217;s political alignment, with Tesla reportedly losing liberal support while gaining conservative buyers. 
The spike in people selling their EVs due to Musk&#8217;s political stance has caused a sharp decline in the value of used Tesla cars. In a satirical post on X on Thursday, Ross Gerber also questioned, &#8216;If a liberal sells their tesla to a conservative. How many new Teslas are sold?&#8217; 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="592" height="169" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14003503/image-108.png" alt="" class="wp-image-824241" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14003503/image-108.png 592w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14003503/image-108-300x86.png 300w" sizes="(max-width: 592px) 100vw, 592px" /></figure>
See Also: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44312707/sentinelone-stock-slips-as-analysts-cut-price-forecasts-on-soft-guidance-arr-miss-pr?utm_source=taboola&amp;utm_medium=exchange&amp;tblci=GiD1tFFNH-r-bulyXzVS-mm-BVNR3nb6Ojb3DSX9l1ZrFSCN1Vcoub38oPPt0OIfMO-ISg#tblciGiD1tFFNH-r-bulyXzVS-mm-BVNR3nb6Ojb3DSX9l1ZrFSCN1Vcoub38oPPt0OIfMO-ISg">SentinelOne Stock Slips As Analysts Cut Price Forecasts On Soft Guidance, ARR Miss, Product Retirement</a>
Why It Matters: The recent decline in Tesla&#8217;s stock price and its overvaluation, as pointed out by Gerber, are significant in the context of Tesla&#8217;s shifting customer base and the political divide among its customers. Gerber had earlier predicted a 50% drop in Tesla&#8217;s stock this year due to CEO Elon Musk&#8216;s shift in focus to other projects. This prediction has been largely accurate, with Tesla&#8217;s stock falling an additional 31% since his comments in late February.
Gerber also highlighted the challenges Tesla faces in the used car market. He likened it to the &#8220;Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) problem,&#8221; where the product&#8217;s high quality reduces the incentive for customers to upgrade frequently.
Furthermore, a recent analyst note by JPMorgan Chase on Wednesday stated that the company lost too much brand value too quickly. It also warned that the EV maker could see the <a href="https://www.benzinga.com/25/03/44295808/tesla-braces-for-lowest-quarterly-deliveries-since-2022-jpmorgan-predicts-a-brand-has-lost-so-much-value-so-quickly">lowest quarterly </a>deliveries since 2022.
Tesla holds a momentum rating of 89.66% and a growth rating of 55.23%, according to&nbsp;<a href="https://www.benzinga.com/report/TSLA" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock's historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="452" height="285" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14004726/image-109.png" alt="" class="wp-image-824245" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14004726/image-109.png 452w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14004726/image-109-300x189.png 300w" sizes="(max-width: 452px) 100vw, 452px" /></figure>
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<li> <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44295050/peter-schiff-warns-americans-will-be-harmed-most-when-bitcoin-bubble-pops-says-us-has-biggest-crypto-lobby">Peter Schiff Warns Americans Will Be Harmed Most When Bitcoin Bubble Pops, Says US Has Biggest Crypto Lobby</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

Ross Gerber Finds Tesla Stock Expensive Despite Its 50% Plunge: Why The Investor Says EV Giant's 'Fundamental Story Has To Be Revalued'

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) electric vehicle charging stations and home batteries have been excluded from rebates in the Canadian province of British Columbia. This move comes in the wake of tariffs imposed by the U.S. on Canada.
What Happened: BC Hydro, a Crown-owned utility, offers rebates of up to CAD 5,000 ($3464) on eligible battery storage systems and up to CAD 350 ($243) on the purchase and installation of EV chargers. However, Tesla products have been excluded from these rebates since March 12, according to a notice on BC Hydro&#8217;s website, as reported by <a href="https://www.autonews.com/manufacturing/automakers/anc-trump-tariffs-tesla-bc-hydro-rebates-1303/">Auto News</a> on Thursday.
Local media reports indicate that Tesla products such as EV chargers, energy storage batteries, and inverters are a part of the exclusion.
The announcement was made by British Columbia&#8217;s Energy Minister, Adrian Dix, following a review of the program managed by the energy utility BC Hydro. 
"I thought they [Tesla products] shouldn't be made available on a public subsidy program right now. I don't think anyone in British Columbia needs to be told why, and I think most people would support their removal from that list," Dix told CBS
Meanwhile, BC Hydro stated in a release that its rebate program prioritizes Canadian goods while excluding products made in the U.S. &#8220;where practicable.&#8221;
Customers who received pre-approval for Tesla products before March 12 will still be eligible for their rebates. 
See Also: <a href="https://www.benzinga.com/markets/25/03/44276820/elon-musk-reportedly-pledges-100-million-to-trump-linked-political-groups-amid-billion-dollar-losses-in-his-net-worth">Elon Musk&#8217;s Tesla Set For Lowest Quarterly Deliveries Since 2022, JPMorgan Predicts: &#8216;Brand Has Lost So Much Value So Quickly&#8217;</a>
Why It Matters: The decision comes after U.S. President Donald Trump imposed a 25% tariff on Canadian goods and a 10% tariff on Canadian energy on March 4. The surtax was temporarily suspended on March 6 for goods that comply with the United States-Mexico-Canada Agreement but is anticipated to be reinstated on April 2.
Tesla is encountering consumer backlash in the U.S. over CEO Elon Musk&#8216;s close ties to President Trump. Musk had also described Canada as "not a real country"&nbsp;in a post on X which he later deleted. There was also a widespread call for revoking the Tesla CEO&#8217;s Canadian citizenship.
Not just, British Columbia, but, the province of Ontario had previously terminated a C$100 million ($69.28 million) contract with Musk's Starlink, while the city of Toronto left Tesla out of its driver incentive program.
This development comes on the heels of allegations against Tesla for manipulating the EV rebate program in Canada. <a href="https://www.benzinga.com/25/03/44213295/tesla-suspected-of-ev-rebate-manipulation-in-canada-amid-sudden-sales-surge-tesla-gamed-the-system-says-industry-body">Four Canadian Tesla stores</a> were suspected of exploiting the country's EV rebate program by selling an average of 30 cars per hour over three days, claiming over 50% of the rebate funds.
Tesla holds a momentum rating of 83.63% and a growth rating of 55.20%, according to&nbsp;<a href="https://www.benzinga.com/report/TSLA" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock&#8217;s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
Tesla stock declined 2.99% to close at $240.68 on Thursday. The stock has lost over 36% year-to-date. 
Read More
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<li><a href="https://www.benzinga.com/25/03/44317253/pricing-trends-for-consumer-goods-continue-to-normalize-easing-pressure-on-consumers-says-analyst"> JP Morgan Analyst Sees Inflation Easing, But Tougher Price Comparisons Loom For Key Categories</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla Charging Stations Cut From Rebate Program By Canadian Province: 'Most People Would Support Their Removal' From Subsidy List, Says Minister

Major U.S. indices experienced turbulent sessions on Thursday, with the S&amp;P 500 <a href="https://in.benzinga.com/government/regulations/25/03/44317410/sp-500-enters-technical-correction-as-trade-war-fears-rattle-markets">entering technical correction territory</a>. The index fell 10% from its all-time high, rattled by escalating trade tensions and the latest tariff threats from President Donald Trump. Despite recent inflation data painting a more optimistic picture for the U.S. economy, investors remain focused on trade policy risks, worrying that escalating tariffs could undermine corporate earnings and disrupt supply chains.
The S&amp;P 500 index fell by nearly 1.4%, closing at 5,521.52, while the Nasdaq dropped almost 2%, finishing at 17,303.02. The Dow Jones Industrial Average also ended Thursday down 1.3%, at 40,813.57.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
D-Wave Quantum Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>)
D-Wave Quantum shares surged 18.73%, closing at $6.91 after hitting an intraday high of $7.12 and a low of $6.04. The stock&#8217;s 52-week high and low are $11.41 and $0.75, respectively. On Thursday, the company reported a fourth-quarter adjusted earnings loss of 8 cents per share, missing the street view by a cent. Despite a 21% year-over-year decline in quarterly sales to $2.309 million, <a href="https://www.benzinga.com/25/03/44301722/d-wave-quantum-stock-rallies-on-strong-q4-booking-growth-and-optimistic-outlook">strong booking growth</a> and an optimistic outlook fueled investor interest.
DocuSign Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>)
DocuSign&#8217;s stock fell 6.78% to close at $74.70, with an intraday high of $79.36 and a low of $74.26. The company&#8217;s 52-week range is $107.86 to $48.70. The company&#8217;s stock shot up 11.65% to $83.40 in the after-hours trading. DocuSign reported fourth-quarter revenue of $776.3 million, surpassing the consensus estimate. The <a href="https://www.benzinga.com/news/earnings/25/03/44317205/docusign-q4-earnings-revenue-beat-eps-beat-billings-up-11-shares-move-higher-despite-soft-guidance">earnings per share</a> also beat expectations.
Ulta Beauty Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>)
Ulta Beauty&#8217;s shares declined by 4.48%, ending the day at $314.47. However, in the after-hours trading the stock shot up by 6.5% to $335. The shares reached an intraday high of $329.54 and a low of $309.01, with a 52-week high of $574.76 and a low of $309.01. The company reported <a href="https://www.benzinga.com/news/earnings/25/03/44317611/ulta-beauty-stock-climbs-on-q4-earnings-beat-fiscal-2025-will-be-a-pivotal-year">fourth-quarter revenue</a> of $3.49 billion, exceeding estimates. Earnings per share were also above expectations, marking fiscal 2025 as a pivotal year.
Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
Meta Platforms saw a 4.67% decline, closing at $590.64. The stock&#8217;s intraday high was $620.50 with a low of $586.51, and a 52-week range of $740.91 to $414.50. The decline came amid a broader market sell-off, with <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44317112/meta-shares-drop-during-market-sell-off-and-tariff-concerns-whats-going-on">tariff concerns</a> affecting tech stocks.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock decreased by 2.99%, closing at $240.68. The intraday high was $248.29, and the low was $232.60, with a 52-week high of $488.54 and a low of $138.80. Analysts at JPMorgan predict Tesla will have its <a href="https://www.benzinga.com/25/03/44295808/tesla-braces-for-lowest-quarterly-deliveries-since-2022-jpmorgan-predicts-a-brand-has-lost-so-much-value-so-quickly">lowest quarterly deliveries</a> since 2022, citing CEO Elon Musk&#8217;s involvement in the Trump administration as a factor impacting the brand&#8217;s value.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
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<li><a href="https://www.benzinga.com/25/03/44320890/cathie-wood-hunts-for-crypto-bargains-amid-bitcoin-decline-ark-loads-up-on-robinhood-and-coinbase">Cathie Wood Hunts For Crypto Bargains Amid Bitcoin Decline, Ark Loads Up On Robinhood And Coinbase</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

DOCU

QBTS

ULTA

D-Wave Quantum, Docusign, Ulta Beauty, Meta Platforms, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Billionaire Elon Musk has become a central figure in President Donald Trump's White House administration playing a role in the Department of Government Efficiency, a move that could impact the Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44235956/tesla-bloodbath-to-continue-hedge-funder-says-musk-circus-could-lead-to-stock-dropping-95">stock price.</a>
A new poll of voters finds minimal approval of the billionaire's role.
What Happened: Musk recently said it was hard <a href="https://www.benzinga.com/markets/25/03/44242181/elon-musk-admits-juggling-between-tesla-doge-is-difficult-says-running-businesses-with-great-difficulty-a">juggling his responsibilities </a>between his companies, including Tesla and SpaceX, along with his government work.
A new CNN/SSRS <a href="https://www.cnn.com/2025/03/12/politics/cnn-poll-trump-economy/index.html">poll </a>found that Musk's work within the government may not be going over as well as the billionaire believes.
Musk scores an approval rating of 35% with a disapproval rating of 53% in the new poll shared Wednesday. Eleven percent of voters have no opinion on the billionaire in the poll.
For comparison, Trump scored an overall approval rating of 45% with a disapproval rating of 54%, similar to Musk. Trump's approval rating was down from 48% in a February CNN poll.
Vice President J.D. Vance has a favorable rating of 33% in the poll with an unfavorable rating of 44%. A higher number of voters had no opinion on Vance with 23% choosing this option.
In the new poll, 62% of voters said Musk does not have the "right experience" to make changes to the government while 61% said Musk does not have the "right judgment' to make changes.
Even some of Trump's supporters question the moves Musk is making with 28% of voters who see Trump's changes to the government necessary doubt Musk's judgment to make changes.
Sixty-two percent of voters in the poll say cuts being made by Trump and Musk are going too far.
Likely not a surprise, the poll results are split by political party with 90% of Republicans concerned about losing important federal programs. Seventy-three percent of Republicans say they are more concerned with fraud and waste than losing federal programs. Sixty-nine percent of Independents say they are more concerned about losing important federal programs.
The poll was conducted March 6 through March 9 and included the results from 1,206 adults. By political party, the poll was made up of 29% Democrats, 30% Republicans and 41% Independents.
Read Also: <a href="https://www.benzinga.com/25/03/44313499/elon-musk-is-a-gift-from-the-gods-why-a-venture-capitalist-thinks-billionaire-will-help-america-look-really-cool">Elon Musk Is &#8216;A Gift From The Gods&#8217;: Why A Venture Capitalist Thinks Tesla CEO Will Help America Look &#8216;Really Cool&#8217;</a>
Why It's Important: Polls on <a href="https://www.benzinga.com/politics/25/02/43880789/elon-musk-approval-rating-hits-41-voters-not-impressed-with-doge-work-and-calls-to-eliminate-departments">approval ratings for Musk</a> have become more frequent with his push into politics.
A February Emerson College poll of voters asked for approval ratings about how well Musk was doing at the Department of Government Efficiency. In that poll, Musk had a 41% approval rating, with 45% disapproving and 14% neutral.
In that poll, Musk had a lower approval rating than Trump at 48% and a higher disapproval rating at 42%.
That poll showed voters had minimal support for DOGE and the Trump administration's plans to eliminate the U.S. Agency for International Development (USAID) and the Department of Education.
The big question from the approval polls on Musk will be how they translate to the companies he runs.
Tesla&nbsp;took a hit to its brand value in a <a href="https://www.benzinga.com/news/global/25/01/43172806/tesla-lost-15-billion-in-brand-value-in-2024-report-says-did-elon-musks-political-push-hurt-ev-giant">Brand Finance survey </a>in 2024. The company lost $15 billion in brand value and dropped 18 places in the rankings to 36.
The electric vehicle company has been the subject of&nbsp;<a href="https://www.benzinga.com/news/global/25/01/43251316/tesla-faces-boycott-call-in-poland-over-musks-wwii-comments" target="_blank" rel="noreferrer noopener">calls for boycotts&nbsp;</a>in European nations due to Musk&#8217;s political beliefs. Sales of Tesla vehicles have <a href="https://www.benzinga.com/news/global/25/03/44128646/tesla-sales-drop-in-europe-in-february-some-countries-down-over-40-is-musks-political-push-hurting-ev-company">fallen in Europe.</a> 
Musk&#8217;s approval rating as a CEO and as a politician are likely two different things, but for investors and Tesla shareholders, the hope is that they can stay separate and not translate to overall disapproval of Musk as a person and leader.
TSLA Price Action: Tesla stock closed Thursday down 2.99% to $240.68 versus a 52-week trading range of $138.80 to $488.54. Tesla stock is down 36.5% year-to-date in 2025
Tesla stock is now trading below where it was when Trump won the 2024 election. Tesla stock closed at $251.44 on Nov. 5 and opened for trading at $284.67 on Nov. 6 after&nbsp;<a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election" target="_blank" rel="noreferrer noopener">Trump&#8217;s victory was confirmed</a>.
The stock is down over 50% from all-time highs set in December.
Read Next: 
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<li><a href="https://www.benzinga.com/25/03/44176616/trump-vs-musk-tesla-to-be-hurt-by-tariffs-on-mexico-despite-friendship">Trump Vs. Musk: Tesla To Be Hurt By Tariffs On Mexico Despite Friendship</a></li>
</ul>
Photo: Joshua Sukoff via Shutterstock

Government

Politics

Elon Musk Disapproval Rating 53% In New Poll: 62% Say Tesla CEO Doesn't Have 'Right Experience' To Make Changes To Government

<a href="https://www.ft.com/content/605295c5-dc8f-4247-ba35-8036b5058915" title="https://www.ft.com/content/605295c5-dc8f-4247-ba35-8036b5058915">https://www.ft.com/content/605295c5-dc8f-4247-ba35-8036b5058915</a>

General

Tesla Warns Trump Administration It Is 'Exposed' To Retaliatory Tariffs; Says Levies Could Make It Costlier To Produce Vehicles In The U.S.

Venture capitalist Tim Draper is best known these days for his investment and bullish outlook in Bitcoin. It wasn't too long ago he was investing in Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX, investments that draw continued praise for Elon Musk in a recent interview.
What Happened: In a recent appearance on "<a href="https://www.benzinga.com/razreport">The Raz Report</a>" podcast with Benzinga founder Jason Raznick, Draper was asked about the potential impact Musk could make helping President Donald Trump and the White House administration.
"I think he's extraordinary," Draper said.
Draper said Musk is already making a "huge impact" within the government by identifying waste and bad services at high costs.
"Now it needs a transformation."
Draper said Musk is taking all the heat for his actions and likely won't get the praise if he's successful. "I applaud him for that incredible effort."
Musk will be successful, Draper predicts. Draper imagines a world where "America will look really cool" and be the center of all activity, again thanks to Musk. This vision includes big fancy buildings and transportation systems firing on all cylinders.
"It won't remember all the hard work Elon did to get us there."
Draper called Musk "extraordinary.&#8221;
"He's a gift from the gods."
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35129286/exclusive-early-tesla-investor-tim-draper-recalls-selling-too-soon-reveals-elon-musks-spec">EXCLUSIVE: Early Tesla Investor Tim Draper Recalls Selling Too Soon, Reveals Elon Musk&#8217;s Special Quality</a>
Why It's Important: Draper said he bought a Tesla Roadster that took three years to deliver, but Musk came through.
"He's come through in the past," Draper said.
Draper was one of the early investors in Tesla Inc, investing in the EV company in a 2006 Series C funding round. The investment happened months before Tesla went public via IPO.
"I made the mistake of selling my Tesla too early."
Draper discussed several of his early investments during the podcast appearance, which include companies like Hotmail, Skype, Twitter, Robinhood, Coinbase and SpaceX.
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Exclusives

Interview

Elon Musk Is 'A Gift From The Gods': Why A Venture Capitalist Thinks Tesla CEO Will Help America Look 'Really Cool'

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/14/25</td>
<td>$245.00</td>
<td>$44.1K</td>
<td>8.0K</td>
<td>27.9K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$190.00</td>
<td>$38.8K</td>
<td>22.4K</td>
<td>4.8K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/14/25</td>
<td>$160.00</td>
<td>$50.0K</td>
<td>439</td>
<td>2.2K</td>
</tr>
<tr>
<td>ANF</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$70.00</td>
<td>$43.6K</td>
<td>292</td>
<td>543</td>
</tr>
<tr>
<td>ULTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/14/25</td>
<td>$330.00</td>
<td>$33.3K</td>
<td>58</td>
<td>221</td>
</tr>
<tr>
<td>GRPN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$9.50</td>
<td>$48.0K</td>
<td>28</td>
<td>203</td>
</tr>
<tr>
<td>YUM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$160.00</td>
<td>$40.8K</td>
<td>226</td>
<td>141</td>
</tr>
<tr>
<td>SHAK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$125.00</td>
<td>$572.0K</td>
<td>149</td>
<td>130</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/04/25</td>
<td>$20.00</td>
<td>$27.4K</td>
<td>85</td>
<td>112</td>
</tr>
<tr>
<td>RH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$215.00</td>
<td>$116.6K</td>
<td>8</td>
<td>108</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on March 14, 2025. Parties traded 41 contract(s) at a $245.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $44.1K, with a price of $1080.0 per contract. There were 8084 open contracts at this strike prior to today, and today 27974 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on March 21, 2025. This event was a transfer of 105 contract(s) at a $190.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $370.0 per contract. There were 22484 open contracts at this strike prior to today, and today 4830 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on March 14, 2025. This event was a transfer of 211 contract(s) at a $160.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $235.0 per contract. There were 439 open contracts at this strike prior to today, and today 2241 contract(s) were bought and sold. 
• For ANF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>), we notice a put option trade that happens to be bearish, expiring in 190 day(s) on September 19, 2025. This event was a transfer of 42 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $43.6K, with a price of $1040.0 per contract. There were 292 open contracts at this strike prior to today, and today 543 contract(s) were bought and sold. 
• For ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we notice a call option trade that happens to be bullish, expiring in 1 day(s) on March 14, 2025. This event was a transfer of 63 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $530.0 per contract. There were 58 open contracts at this strike prior to today, and today 221 contract(s) were bought and sold. 
• For GRPN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on March 21, 2025. This event was a transfer of 98 contract(s) at a $9.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $490.0 per contract. There were 28 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold. 
• For YUM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>), we notice a put option trade that happens to be bearish, expiring in 99 day(s) on June 20, 2025. This event was a transfer of 40 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $1020.0 per contract. There were 226 open contracts at this strike prior to today, and today 141 contract(s) were bought and sold. 
• For SHAK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), we notice a put option sweep that happens to be bullish, expiring in 309 day(s) on January 16, 2026. This event was a transfer of 130 contract(s) at a $125.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $572.0K, with a price of $4400.0 per contract. There were 149 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold. 
• For GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on April 4, 2025. This event was a transfer of 100 contract(s) at a $20.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $275.0 per contract. There were 85 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold. 
• For RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on March 21, 2025. This event was a transfer of 99 contract(s) at a $215.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $116.6K, with a price of $1170.0 per contract. There were 8 open contracts at this strike prior to today, and today 108 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CVNA

GRPN

SHAK

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Analyst Ratings

Trading Ideas

Live On CNBC, Kevin Simpson Announces Bought More Tesla

WIIM

Tesla shares are trading lower, pulling back after rising on Wednesday. The stock has been under pressure amid Chinese EV competition, declining demand in Europe and protests at Tesla facilities.

Highlighted on March 12, it was unveiled in an SEC filing that Murdoch, Director at Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: Disclosed in a Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001318605/000177134025000004//Archives/edgar/data/1318605/000177134025000004/0001771340-25-000004-index.htm">U.S. Securities and Exchange Commission</a>, Murdoch, Director at Tesla, executed a strategic derivative sale. This involved exercising stock options for 531,787 shares of TSLA, resulting in a transaction value of $113,455,460.
Tesla shares are currently trading down by 4.16%, with a current price of $237.78 as of Thursday morning. This brings the total value of Murdoch's 531,787 shares to $113,455,460.
<h3>About Tesla</h3>
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.
<h3>Unraveling the Financial Story of Tesla</h3>
Revenue Growth: Over the 3 months period, Tesla showcased positive performance, achieving a revenue growth rate of 2.15% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 16.26%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Tesla's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.72.
</li>
</ul>
Debt Management: Tesla's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.19.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 121.61, Tesla's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 8.88 is above industry norms, reflecting an elevated valuation for Tesla's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 52.7 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>The Relevance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001318605">Check Out The Full List Of Tesla's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Options Exercise: James Murdoch At Tesla Realizes $113.46M

Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) investors have been on a rollercoaster ride in 2025, with the stock plunging more than 50% from its Dec. 17 highs. Some shareholders are staying put, while others are cutting their losses, and the debate over what to do next is heating up online.
On r/TSLA, a Tesla investor <a href="https://www.reddit.com/r/TSLA/comments/1j802ci/those_holding_how_are_you_coping_with_the_dump_do/?sort=confidence">asked</a>, &#8220;Those holding, how are you coping with the dump? Do you plan to sell at some point or ride it out no matter what?&#8221; The post quickly gained traction, with hundreds of comments reflecting the mixed sentiment among shareholders.
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<h2 class="wp-block-heading">Some Are Selling—And Don't Regret It</h2>
Many investors have decided to sell at least a portion of their holdings, worried about declining sales, brand damage, and Elon Musk's influence.
&#8220;I sold 2/3 of my Tesla right now. Wish I went out when you did. But I have a 79.8% gain even at this price,&#8221; one investor shared.
Another commenter pointed to Musk's growing political involvement, saying, &#8220;I was holding. Sold everything this morning, not because I don't believe in Tesla, but because of Musk.&#8221;
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<h2 class="wp-block-heading">Others Are Holding—Or Even Buying More</h2>
Despite the pessimism, some Tesla bulls are standing firm, citing long-term potential in AI, full self-driving, and Tesla's energy business.
&#8220;My cost basis is like $18 a share, and I sold when it initially 10x'd to recoup my cost basis and let the rest ride,&#8221; one long-term investor wrote. &#8220;Despite Elon's political antics, I think the company is better positioned than ever.&#8221;
Another user remained unfazed by the dip, saying, &#8220;I&#8217;m down $3 million. And I&#8217;m buying more. Been through this multiple times since 2013. This is nothing.&#8221;
Trending: <a href="https://www.benzinga.com/money/startengine-own">The $1.3 Billion Startup Investment Boom: How This Company's Explosive Growth Is Opening Doors For Everyday Investors With A New $500 Minimum</a>
<h2 class="wp-block-heading">Elon Musk: Asset or Liability?</h2>
One of the biggest concerns among investors is Musk's impact on <a href="https://www.benzinga.com/markets/25/01/43272760/teslas-brand-value-drops-23-billion-in-two-years-despite-stock-skyrocketing-244-report-reveals">Tesla's reputation</a> and stock price. His involvement in the White House's Department of Government Efficiency initiative and ongoing controversies have fueled protests at Tesla showrooms and declining sentiment among buyers.
At a recent White House event, Musk announced that Tesla would <a href="https://www.benzinga.com/markets/equities/25/03/44269513/elon-musk-says-tesla-will-double-us-production-in-2-years-after-trump-backs-ev-giant-amid-stock-slump">double U.S. production</a> in the next two years, citing Trump's policies as a key factor. Trump even said he would <a href="https://www.benzinga.com/markets/25/03/44240714/trump-says-he-will-buy-a-brand-new-tesla-to-support-elon-musk-as-stock-falls-over-53-erasing-nearly-800-billion-in-investor-wealth-since-december-peak">buy a Tesla</a>, calling it a &#8220;great company.&#8221;
But not everyone is convinced this will help. &#8220;The brand is toxic with Testy Musk as CEO. This is only the beginning of the TSLA price reductions,&#8221; one user wrote.
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
<h2 class="wp-block-heading">Wall Street Weighs In</h2>
Tesla's drop has divided analysts as well. Morgan Stanley's Adam Jonas sees the sell-off as a chance to buy, <a href="https://www.benzinga.com/25/03/44102014/top-analyst-forecasts-over-50-surge-in-tesla-stock-amid-ai-robotics-push-humanoid-robot-serious-enough-to-move-the-stock">maintaining a $430 price target</a>.
&#8220;Tesla shares have fallen 50% from the Dec. 17 highs on poor sales data, negative brand sentiment, and market de-grossing. We see the pullback as a buying opportunity for an embodied AI compounder,&#8221; Jonas wrote in a note to clients, <a href="https://finance.yahoo.com/news/delta-stock-falls-after-company-cuts-outlook-citing-macro-uncertainty-220553333.html">according</a> to Yahoo Finance.
However, he also warned of volatility ahead, setting a $200 bear case and an $800 bull case for Tesla in 2025.
<h2 class="wp-block-heading">What's Next for Tesla?</h2>
With Tesla stock rebounding 3.8% on Tuesday after its worst day in years, the big question is whether this is the beginning of a recovery or just a temporary bounce.
For now, some investors are &#8220;riding the storm&#8221; while others believe the &#8220;bubble has burst.&#8221;
One Reddit user summed it up: &#8220;If you want to go down with the ship, hold. If you want to retain some profit, sell now and buy back in after this firestorm.&#8221;
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
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'Those Holding, How Are You Coping With The Dump?'—Tesla Investor Asks Fellow Shareholders If They'll Sell Or Ride It Out 'No Matter What'

Dave Portnoy just dropped an unexpected claim—he says he was offered a role in the U.S. government but would have had to step away from running Barstool Sports to take it. While the offer never went past the initial conversation, it raises some interesting questions about <a href="https://www.benzinga.com/news/25/03/44140016/tesla-stock-is-tumbling-and-dave-portnoy-is-calling-out-elon-musk-how-far-does-tsla-stock-have-to-crash-before-elon-goes-back-to-work">business leaders juggling multiple</a> high-profile roles—especially Elon Musk.
<h2 class="wp-block-heading">Portnoy's Surprise Government Offer</h2>
Portnoy shared the story in a <a href="https://x.com/stoolpresidente/status/1899453767818313817">video</a>, saying, &#8220;I got a call, I don't know, a couple of months ago&#8230; and it was like, ‘Hey, would you have any interest, Dave, in joining the Department of Commerce, the Commerce Secretary under Lupnick [sic], or the guy working under him?'&#8221; However, there was a catch: &#8220;A caveat of joining the government is somebody would have to run Barstool. You can't run Barstool and work for the government.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I was offered a position in the government but I would've had to stop running Barstool to take it <a href="https://twitter.com/hashtag/DDTG?src=hash&amp;ref_src=twsrc%5Etfw">#DDTG</a> <a href="https://t.co/T1eNqCcPek">pic.twitter.com/T1eNqCcPek</a>
&mdash; Dave Portnoy (@stoolpresidente) <a href="https://twitter.com/stoolpresidente/status/1899453767818313817?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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He compared his situation to Musk's many ventures, questioning how the Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO <a href="https://www.benzinga.com/markets/25/03/44242181/elon-musk-admits-juggling-between-tesla-doge-is-difficult-says-running-businesses-with-great-difficulty-a">manages everything he's involved in</a>. &#8220;The one thing that I do wonder with Elon, and he&#8217;s the CEO of Tesla obviously, and he&#8217;s doing all this [Department of Government Efficiency] stuff, which I think is good, like <a href="https://www.benzinga.com/news/25/03/44190325/doge-deletes-billions-in-savings-records-quietly-changing-or-even-erasing-over-1k-contracts-it-claimed-to-have-canceled">get rid of government waste</a>, I&#8217;m for that, but <a href="https://www.benzinga.com/news/25/03/44140016/tesla-stock-is-tumbling-and-dave-portnoy-is-calling-out-elon-musk-how-far-does-tsla-stock-have-to-crash-before-elon-goes-back-to-work">how do you run Tesla</a> when you&#8217;re working on DOGE 24/7?&#8221; Portnoy asked.
<h2 class="wp-block-heading">The Offer That Went Nowhere</h2>
Even if Portnoy had been interested, it sounds like the conversation didn't get very far. &#8220;They never followed up,&#8221; he said. &#8220;They're like, ‘Let us know if you could find somebody to run Barstool, and you're interested, and if you are interested, we'll schedule a call in a week to go over the next steps.' That never happened, so it was weird.&#8221;
Trending: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a>
<h2 class="wp-block-heading">Online Reactions: Jokes, Skepticism, and Ethics Concerns</h2>
The internet wasted no time reacting. Some users dismissed Portnoy's claim, likening it to sports radio host Mike Francesa&#8217;s story about nearly becoming an NFL coach. Others mocked the idea entirely, with sarcastic comments like, &#8220;Government Pizza Reviewer?&#8221; and &#8220;What position? Head of Rug Pull Division?&#8221;
Others took a more serious tone, questioning whether billionaires and business moguls should hold government roles. One user wrote, &#8220;It's a major red flag for corruption to have both government influence AND being fully vested in companies.&#8221; Another pointed out, &#8220;Musk has a FIDUCIARY responsibility to raise the value of his companies like $TSLA, which means he is <a href="https://in.benzinga.com/news/25/02/44008179/hes-lining-his-pockets-rep-jasmine-crockett-slams-elon-musk-for-securing-nearly-1-billion-in-us-government-contracts-in-just-2-weeks">incentivized to enrich himself</a> vs. doing actual good.&#8221;
See Also: This data platform is reshaping how you invest in private companies —<a href="https://www.benzinga.com/money/kingscrowd-adv"> and you can be a part of it for $0.18 per share</a>
On the other side, some defended Musk's ability to manage multiple roles, arguing that Tesla and SpaceX have plans in place that don't require his day-to-day oversight. &#8220;Companies like Tesla have plans in place for the next 3-5 years. He&#8217;ll be there for the important decisions, but he doesn&#8217;t need to monitor the day-to-day operations,&#8221; one user commented.
<h2 class="wp-block-heading">Would Portnoy Ever Join the Government?</h2>
It's unclear if Portnoy ever seriously considered the offer, but his reaction suggests it wasn't high on his list of priorities. Still, the fact that the call happened at all is enough to spark debate about where business leaders should—or shouldn't—draw the line between private enterprise and public service.
Read Next:
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<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

'How Do You Run Tesla When You're Working On DOGE 24/7'—Dave Portnoy Says He Was Offered A Government Job, But He'd Have To Give Up Barstool

<ul>
<li>TSLA</li>
<li>NVDA</li>
<li>INTC</li>
<li>WAR</li>
<li>AAPL</li>
<li>QQQ</li>
<li>LINE</li>
<li>GOOGL</li>
<li>GLD</li>
<li>TSLQ</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

INTC

LINE

TSLQ

Top 10 Trending Stocks On WallStreetBets As Of March 13, 2025 (Via Swaggy Stocks)

Amid recent volatility, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are showing signs of a potential rally, according to insights shared by Jim Cramer.
What Happened: Cramer, the host of CNBC's &#8220;Mad Money,&#8221; analysed Larry Williams&#8216; insights, which suggest that Tesla&#8217;s recent gains could be the start of a significant upward trend. Williams&#8217; proprietary valuation model indicates that Tesla may be undervalued, a condition that historically attracts buyers and leads to stock rebounds.
Cramer noted that Tesla&#8217;s stock has been volatile since the election, initially surging due to Elon Musk&#8217;s proximity to President Donald Trump, but later declining amid Musk&#8217;s controversial role in the administration.
"Right now, it suggests that Tesla should be ready to rally, maybe furiously,&#8221; Cramer said.
See Also:<a href="https://www.benzinga.com/25/03/44296357/spacex-crew-10-astronaut-launch-to-bring-back-stuck-astronauts-delayed-due-to-hydraulics-issue-says-nasa"> SpaceX Delays Mission To Bring Back Astronauts Sunita Williams And Butch Wilmore Due To Hydraulics Issue, Says NASA</a>
Despite recent challenges, Tesla shares began to recover on Tuesday, continuing their ascent on Wednesday with a 7.60% increase.
Cramer highlighted Williams&#8217; charts, which point to a potential bottom for Tesla, suggesting the stock is ready for a rally.
The analysis also identifies seasonal patterns and cycles that historically result in Tesla rallying 80% of the time during this period.
Why It Matters: Tesla has been navigating a turbulent period, marked by a sharp decline in sales and stock value. Earlier this month, Tesla&#8217;s sales in Europe plummeted by 45%, contributing to a significant drop in Elon Musk&#8217;s net worth by $5.2 billion in a week.
This decline has<a href="https://www.benzinga.com/news/25/03/44209579/unprecedented-slide-tesla-sales-plummet-45-in-europe-as-musks-net-worth-dives-5-2b-in-a-week"> pushed</a> Tesla&#8217;s market capitalisation below the $1 trillion mark for the first time since November.
Moreover, JPMorgan analysts have predicted that Tesla will experience its weakest quarter for car deliveries since 2022, with a revised forecast of 355,000 deliveries, down from an earlier estimate of 444,000.
This figure is significantly<a href="https://www.benzinga.com/25/03/44295808/tesla-braces-for-lowest-quarterly-deliveries-since-2022-jpmorgan-predicts-a-brand-has-lost-so-much-value-so-quickly"> below</a> the consensus analyst projection of 430,000. Read more.
Despite these challenges, Elon Musk has<a href="https://www.benzinga.com/markets/equities/25/03/44269513/elon-musk-says-tesla-will-double-us-production-in-2-years-after-trump-backs-ev-giant-amid-stock-slump"> announced</a> plans to double Tesla&#8217;s vehicle production in the U.S. within two years. Musk announced this after Trump hosted an<a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself"> event</a> for Tesla at the White House, followed by Trump's<a href="https://www.benzinga.com/markets/equities/25/03/44268275/trump-buys-tesla-model-s-plaid-gary-black-calls-endorsement-potentially-huge-says-it-could-drive-1-7-million-sales"> purchase</a> of a Tesla Model S Plaid.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="777" height="141" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13074855/TSLA-Edge.jpg" alt="" class="wp-image-822734" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13074855/TSLA-Edge.jpg 777w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13074855/TSLA-Edge-300x54.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13074855/TSLA-Edge-768x139.jpg 768w" sizes="(max-width: 777px) 100vw, 777px" /></figure>
Tesla holds a momentum rating of 83.63% and a growth rating of 55.20%, according to <a href="https://www.benzinga.com/report/tsla">Benzinga&#8217;s Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock's historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities, <a href="https://www.benzinga.com/screener/top-momentum-stocks">sign</a> <a href="https://www.benzinga.com/screener/top-momentum-stocks">up for Benzinga Edge.</a>
Check out more of Benzinga&#8217;s Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility">following this link.</a>
&nbsp;Read Next:
<a href="https://www.benzinga.com/25/03/44295619/epa-targets-bidens-climate-policies-starts-process-to-reverse-passenger-vehicle-truck-emission-rules">EPA Moves To Overturn Biden-Era Climate Policies, Starts Process To Reverse Passenger Vehicle, Truck Emission Rules</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Analyst Color

Media

TSLA Stock May See A Significant Upswing, Says Jim Cramer: 'Should Be Ready To Rally, Maybe Furiously'

The U.S. federal spending hit a record-breaking $603.4 billion last month, despite the efficiency drive led by Tesla CEO Elon Musk.
What Happened: Despite Musk&#8217;s efforts to streamline government operations through his Department of Government Efficiency (DOGE), U.S. federal spending has soared to an all-time high, as per data by the U.S. Treasury.
Compared to the same month in the previous year, spending has escalated by $36 billion, marking a 6.35% increase. The Monthly Treasury Statement shows that for the first five months of fiscal year 2025, the deficit was approximately $1.147 trillion, up from $828 billion in the same period the previous year.
This surge comes even as DOGE has made significant inroads into various government agencies, resulting in numerous suspensions, dismissals, and contract cancellations.
Jessica Riedl, an economic policy expert at the Manhattan Institute, <a href="https://www.ft.com/content/6d938875-d9c8-47b1-9116-eef577d2cb98">told</a> the Financial Times, &#8220;DOGE savings are so small as not to be identifiable in monthly spending totals.&#8221;
The Trump administration, even with DOGE&#8217;s assistance, has struggled to curtail the size of the government. DOGE says to have saved over $100 billion, yet only a few departments have reported any reductions during the first complete month of the new administration. February data indicated that spending by the Department of Education dropped by $5 billion, while expenditure by the Department of State declined by $2 billion.
SEE ALSO: <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44290969/evgo-growth-dampened-by-doe-loan-and-ev-incentive-uncertainty-analyst-says">EVgo Growth Dampened By DOE Loan And EV Incentive Uncertainty, Analyst Says</a>
Why It Matters: This news comes in the wake of recent revelations that DOGE <a href="https://www.benzinga.com/news/25/03/44190325/doge-deletes-billions-in-savings-records-quietly-changing-or-even-erasing-over-1k-contracts-it-claimed-to-have-canceled">had quietly deleted</a> or altered over 1,000 contracts from its &#8220;wall of receipts,&#8221; erasing more than $4 billion in claimed savings for U.S. taxpayers. This raised questions about the validity of Musk&#8217;s claims regarding the effectiveness of his efficiency drive.
Musk has frequently stated that DOGE is poised to save $1 trillion from the annual federal budget, with cost reductions occurring at a rate of $4 billion per day. However,&nbsp;the Monthly Treasury Statement for&nbsp;February showed minimal decreases in major categories.
DOGE continues to face the challenge of gaining broad Republican support for cuts. President Trump has recently moved to limit some of DOGE&#8217;s activities, urging Musk to use a &#8220;scalpel&#8221; rather than a &#8220;hatchet.&#8221; This follows criticism from some Republican lawmakers over DOGE&#8217;s rapid and extensive cuts.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/25/03/44280431/cpi-reactions?utm_source=taboola&amp;utm_medium=exchange&amp;tblci=GiD1tFFNH-r-bulyXzVS-mm-BVNR3nb6Ojb3DSX9l1ZrFSCN1VcoganZ3Y-AmMojMO-ISg#tblciGiD1tFFNH-r-bulyXzVS-mm-BVNR3nb6Ojb3DSX9l1ZrFSCN1VcoganZ3Y-AmMojMO-ISg">Inflation Moves In The &#8216;Right Direction&#8217; But Forecast Is Hazy, Economist Says</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Despite Elon Musk's Efforts, US Spending Soars To New Highs, Deficit Exceeds $1 Trillion

U.S. stock futures fell again on Thursday after a brief respite on Wednesday, following a softer-than-expected inflation print. Futures of all four benchmark indices declined in premarket trading.
President Donald Trump imposed the promised 25% tariffs on steel and aluminum imports on Wednesday. In response, Canada imposed 25% retaliatory tariffs on the U.S. steel imports and raised taxes on other items, whereas the European Union also retaliated with tariffs on American beef, poultry, bourbon, motorcycles, peanut butter, and jeans.
Meanwhile, the 10-year Treasury yield stood at 4.32%, while the two-year yield was at 3.98%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.38%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.30%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.23%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, dropped in premarket on Thursday. The SPY was down 0.21% to $557.72, and the QQQ also declined 0.31% to $475.43, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Fueled by strong gains in consumer discretionary, information technology, and communication services, U.S. stocks closed mixed on Wednesday.
Indices rose after inflation data revealed a larger-than-expected slowdown, with February&#8217;s Consumer Price Index dipping to 2.8%. Core inflation also dropped more than anticipated, easing from 3.3% to 3.1%.
Tech giants Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) led the charge, while consumer staples and healthcare sectors lagged.
As of Wednesday&#8217;s close, the S&amp;P 500 had fallen 8.92% and the Dow Jones 8.26% from their 52-week highs. The Nasdaq 100 and Nasdaq Composite were still in the correction territory, dropping 11.82% and 12.65%, respectively, from their recent peaks.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.22%</td>
<td>17,648.45</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.49%</td>
<td>5,599.30</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.20%</td>
<td>41,350.93</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.14%</td>
<td>2,026.47</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
&#8220;The opportunity has arrived with the current pullback,&#8221; said Scott Wren, the senior global market strategist at Wells Fargo Advisors. He had been advising the investors to exercise patience and wait for the right time to buy equities.
&#8220;We see the current pullback as an opportunity to add exposure to equities and suggest that clients bring their U.S. Mid-cap exposure up to a favorable (overweight) allocation relative to their strategic (long-term) target weighting. Our large capitalization (SPX-type) rating remains favorable,&#8221; he said.
However, economist Jeremy Siegel warned investors against &#8220;aggressive buying&#8221;.
&#8220;I expect continued volatility, with sentiment swinging on headlines. While there's potential for a rebound, the market valuations are elevated versus history, so there isn't a strong incentive for aggressive buying just yet,&#8221; he said.
According to&nbsp;Alex Tsepaev, the chief strategy officer at B2PRIME Group, the markets have experienced similar or larger corrections nearly every year, indicating this decline could simply reflect normal market fluctuations rather than signaling deeper trouble.
"Investors should watch key economic indicators closely, but a pullback alone isn't necessarily a sign of an impending downturn—it's more likely part of a regular market adjustment," he said.
Despite annual market swings averaging a 16% average drop, the S&amp;P 500 has historically delivered a 10% average annual return since 1928, said Charlie Bilello, the chief market strategist at Creative Planning.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 has returned an average of 10% per year since 1928 despite an average intra-year drawdown of -16%. There&#39;s no upside without occasional downside, no reward without risk. <a href="https://twitter.com/search?q=%24SPX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPX</a> Video: <a href="https://t.co/bp8qymBdHZ">https://t.co/bp8qymBdHZ</a> <a href="https://t.co/0hQ48RADUx">pic.twitter.com/0hQ48RADUx</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1900030686108467652?ref_src=twsrc%5Etfw">March 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep on Thursday:
<ul>
<li>The initial jobless claims data for the week ended March 8 will be released at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>The core and headline producer price index data for February will also be announced at 8:30 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Dollar General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) was up 0.60% in premarket on Thursday as it is expected to report before the opening bell. Analysts expect earnings of $1.50 per share on the revenue of $10.26 billion.</li>
</ul>
<ul>
<li>G-III Apparel Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) was 0.04% higher as Wall Street expects it to report earnings of 97 cents per share on the revenue of $807.59 million before the opening bell.</li>
</ul>
<ul>
<li>Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) advanced 0.02% as it is expected to report after the closing bell. Analysts expect earnings of $7.12 per share on revenue of $3.46 billion.</li>
</ul>
<ul>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) dropped 4.7% as its lower end of the second-quarter outlook was below the market expectations. It expects second-quarter revenue between $5.77 billion to $5.82 billion versus estimates of $5.8 billion. Whereas it expects adjusted earnings of $4.95 to $5 per share versus estimates of $5 per share.</li>
</ul>
<ul>
<li>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) jumped 9.91% after announcing a new chief executive officer. The company said its board of directors has appointed Lip-Bu Tan, a former member of Intel&#8217;s board of directors, as chief executive officer, effective March 18.</li>
</ul>
<ul>
<li>Aditxt Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) slumped 38.03% after it announced an 1-for-250 reverse stock split which will take place on March 17, 2025, to regain Nasdaq compliance, following a delisting notice.</li>
</ul>
<ul>
<li>Anika Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIK#NASDAQ">ANIK</a>) plummeted 24.02% after reporting a quarterly loss of $0.03 per share, significantly missing the estimate of a $0.09 gain.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.15% to hover around $67.58 per barrel.
The gold spot index was up by 0.34% to $2,943.35 per ounce. Its last record high was at $2,956.37 per ounce. The Dollar Index was up 0.06% at the 103.674 level.
All Asian markets closed lower on Thursday as Japan's Nikkei 225, South Korea's Kospi, Australia's ASX 200, Hong Kong's Hang Seng, India's S&amp;P BSE Sensex, and China's CSI 300 index declined. European markets were mostly lower in trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44296698/time-to-buy-the-dip-or-wait-till-further-clarity-on-tariffs-heres-what-experts-are-saying-amid-ongoing-market-correction">Time To Buy The Dip Or Wait Till Further Clarity On Tariffs? Here&#8217;s What Experts Are Saying Amid Ongoing Market Correction</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

Market Summary

Futures

Economics

Pre-Market Outlook

ADBE

ADTX

ANIK

GIII

US Stocks Likely To Open Lower After A Brief Respite: 'Add Exposure To Equities' Amid Pullback, Says Expert

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the &#8220;Extreme Fear&#8221; zone on Wednesday.
U.S. stocks settled mixed on Wednesday, with the Nasdaq Composite gaining more than 1% during the session following the release of inflation data.
In February, the Consumer Price Index declined from 3% year-over-year to 2.8%, beating analysts&#8217; expectations of a slowdown to 2.9%. Core inflation also dropped more than anticipated, easing from 3.3% to 3.1%.
The U.S. imposed 25% tariffs on steel and aluminum in April, prompting swift retaliation. In response, the EU introduced tariffs on €26 billion worth of U.S. goods, while Canada imposed additional levies on $29.8 billion, supplementing previous penalties.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares gained around 6.4%, while Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) added over 7% on Wednesday.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, information technology and communication services stocks recording the biggest gains on Wednesday. However, consumer staples and health care stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed lower by around 83 points to 41,350.93 on Wednesday. The S&amp;P 500 rose 0.49% to 5,599.30, while the Nasdaq Composite climbed 1.22% at 17,648.45 during Wednesday's session.
Investors are awaiting earnings results from Dollar General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>), Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) and G-III Apparel Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) today.
At a current reading of 20.4, the index remained in the &#8220;Extreme Fear&#8221; zone on Wednesday, versus a prior reading of 17.8.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next:
<ul>
<li> <a href="https://www.benzinga.com/25/03/44274110/top-2-industrials-stocks-that-may-collapse-in-march">Top 2 Industrials Stocks That May Collapse In March</a></li>
</ul>
Photo courtesy: Shutterstock

Nasdaq Gains Over 1% As Nvidia, Tesla Surge: Investor Sentiment Improves Slightly, But Greed Index Remains In 'Extreme Fear' Zone

JPMorgan analysts forecast Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) to experience its weakest quarter for car deliveries since 2022.
What Happened: Tesla&#8217;s CEO, Elon Musk, and his role in the Trump administration are negatively impacting the company&#8217;s standing on Wall Street. The JPMorgan team, led by Ryan Brinkman, has slashed their first-quarter delivery forecast for Tesla by 20%, from 444,000 to 355,000. This figure is significantly below the consensus analyst projection of 430,000, <a href="https://www.forbes.com/sites/dereksaul/2025/03/12/jpmorgans-scathing-tesla-prediction-musks-car-company-will-report-worst-quarterly-deliveries-in-3-years/">reported</a> Forbes.
The analysts predict Tesla&#8217;s lowest deliveries since the third quarter of 2022, marking an 8% decline from the first quarter of 2024. They attribute this downturn to the &#8220;acute&#8221; effects of Musk&#8217;s &#8220;more divisive new role in government,&#8221; referring to his critical position&nbsp;in the&nbsp;Department of Government Efficiency (DOGE).
Brinkman also highlighted that Tesla&#8217;s European sales are under considerable strain due to Musk&#8217;s remarks on the Ukraine war, U.S. participation in NATO, and far-right political groups, leading to a 50% year-on-year drop in new Tesla vehicle registrations in January.
"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly," wrote JPMorgan in its analyst note.
SEE ALSO: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44287639/trump-appointed-sec-chair-could-fast-track-crypto-etf-approvals-xrp-solana-dogecoin-etfs-coming-by-june">Trump-Appointed SEC Chair Could Fast-Track Crypto ETF Approvals: XRP, Solana, Dogecoin ETFs Coming By June?</a>
The analysts noted that among American car companies, &#8220;Tesla&nbsp;appears to have the most&nbsp;to lose&#8221; from the &#8220;shifting regulatory backdrop&#8221; under Trump, the possible reversal of electric vehicle tax credits.
Why It Matters: JPMorgan&#8217;s $120 share price target for Tesla is the lowest on Wall Street, implying a more than 50% downside from Tesla&#8217;s closing price on Wednesday at $248.0 ticker. This follows similar first quarter delivery forecast reductions for Tesla by other major firms like Goldman Sachs and UBS.
This prediction aligns with earlier forecasts by Gene Munster, Managing Partner at Deepwater Asset Management, who anticipated a <a href="https://www.benzinga.com/markets/equities/25/03/44293798/elon-musk-expects-tesla-output-to-double-over-next-couple-of-years-but-gene-munster-predicts-number-to-drop-before-a-surge-in-2026">5% decline in Tesla </a>deliveries in 2025 before a 40% surge in 2026.
 Moreover, Dan Ives, head of technology research at Wedbush Securities, previously <a href="https://www.benzinga.com/markets/equities/25/03/44268904/elon-musks-current-leadership-situation-is-not-sustainable-for-shareholders-says-tesla-bull-needs-to-strike-a-balance-with-doge">expressed concerns </a>about Musk&#8217;s dual roles at Tesla and DOGE, stating that the current leadership situation at Tesla is &#8220;unsustainable&#8221; for shareholders. 
Tesla stock climbed 7.59% on Wednesday following President Donald Trump&#8217;s purchase of a Tesla vehicle to show support to Elon Musk.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/general/education/25/03/44289061/why-trumps-new-tesla-wont-be-hitting-the-open-road">Why Trump&#8217;s New Tesla Won&#8217;t Be Hitting The Open Road</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Elon Musk's Tesla Set For Lowest Quarterly Deliveries Since 2022, JPMorgan Predicts: 'Brand Has Lost So Much Value So Quickly'

The U.S. Environmental Protection Agency (EPA) announced on Wednesday that it is starting the process to reverse dozens of Biden administration rules, including vehicle emissions standards.
What Happened: The EPA revealed its intention to reassess the 2024 regulations that sought to cut passenger vehicle emissions by nearly 50% by 2032. These regulations projected that between 35% to 56% of new vehicles sold from 2030 to 2032 must be electric, a standard supported by Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>).
Moreover, the EPA is reviewing a 2022 regulation concerning emissions from heavy-duty trucks, citing increased costs as a concern. The 2022 standards were significantly stricter than previous ones, with potential benefits such as fewer premature deaths and reduced school absences.
SEE ALSO:<a href="https://www.benzinga.com/markets/equities/25/03/44269513/elon-musk-says-tesla-will-double-us-production-in-2-years-after-trump-backs-ev-giant-amid-stock-slump"> Elon Musk Says Tesla Will Double US Production in 2 Years After Trump Backs EV Giant Amid Stock Slump</a>
The EPA has also submitted the Biden administration&#8217;s approval of California&#8217;s plan to phase out gasoline-only vehicles by 2035 for congressional review. At the same time, Congress is considering repealing EV tax credits.
In January, Transportation Secretary Sean Duffy began rescinding Biden-era fuel economy standards and halted state funding for EV charging infrastructure.
Why It Matters: The Trump administration&#8217;s decision to reverse Biden&#8217;s vehicle emissions standards is part of a broader strategy that includes revoking Biden&#8217;s executive order targeting 50% electric vehicle adoption by 2030.
Furthermore, the<a href="https://www.benzinga.com/trading-ideas/25/01/43116755/trumps-plan-to-end-7500-ev-tax-credits-could-be-devastating-for-telsa-rivals-poll-says-could-be-bullish-for-elon-musks-company"> potential repeal</a> of the $7,500 EV tax credits could be detrimental to Tesla&#8217;s competitors while potentially benefiting Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) as per Elon Musk.
The executive order signed by President Trump, known as &#8220;Unleashing American Energy,&#8221; underscores the administration&#8217;s focus on altering the trajectory set by the previous administration.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility">following this link.</a>
Read Next:
<a href="https://www.benzinga.com/markets/equities/25/03/44271204/tsmc-proposes-joint-venture-with-nvidia-amd-and-broadcom-to-operate-intels-factories-report">TSMC Proposes Joint Venture With Nvidia, AMD And Broadcom To Operate Intel&#8217;s Factories: Report</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

EPA Moves To Overturn Biden-Era Climate Policies, Starts Process To Reverse Passenger Vehicle, Truck Emission Rules

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