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Live Stock News: Market Climbs, Crypto Falls, Big Tech is Here and Trump Starts Signing Orders
Major U.S., European Tech Names Adopt Updated EU Rules to Tackle Online Hate
Tesla Shares Are Trading Lower Following a Report From the European Union That the Company's New Car Registrations Dropped 13% in 2024 in the Region Despite Rising Overall Registrations. Additionally, the Xiaomi EV SU7 Outpaced Tesla Sales in China in...
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Musk has become a "negative factor", with Tesla's brand value shrinking by 15 billion dollars last year.
According to a report by the research consultancy Brand Finance, Tesla's brand value declined by 26% to 43 billion dollars in 2024, marking the second consecutive year of decrease. Contributing factors include an aging product line and Elon Musk's words and actions detracting from the brand.