Fears about BYD and Elus Musk sends Tesla shares to the bottom


Elon Musk, CEO of Tesla and Spacex, delivers notes alongside US President Donald Trump during an executive order signed at the White House in the White House on February 11, 2025 in Washington, DC.

Andrew Harnik Getty Images News | Gety pictures

Elon Musk is the richest person in the world, the leader of Tesla, Spacex, X, The Poring Company, Xai, Neuralink and the US State Efficiency Ministry as well as a modern group of investors who offer an offer to buy Openai.

From the point of view of work, musk cannot be accomplished. The companies he heads are not only market leaders, but are often integrated in their field-an idea of ​​how Tesla started making electric cars or how to succeed Spacex on a space flight.

Ironically, achieving success on a large scale can have harmful effects. Investors seem to be concerned that Musk, for all his acumen, distracts his attention, with his fingers in many pancakes. Tesla shares have decreased over the past five days, as more than 6 % have decreased on Tuesday, as it seems that its Chinese opponent BYD is outperforming the company over independent leadership that supports artificial intelligence.

What you need to know today

Finally …

The sidewalk in the port of Sika in Jammagar, Gujarat, India, on Saturday, July 31, 2021.

Dhiraj Singh | Bloomberg Gety pictures

The sidewalk in the port of Sika in Jammagar, Gujarat, India, on Saturday, July 31, 2021.

Dhiraj Singh | Bloomberg Gety pictures

“We are playing with the rules,” says the Oil Minister of India.

On Tuesday, on the sidelines of the India Week conference in India, the Minister of Petroleum and Natural Gas said that India will “play with rules” and not “wander” international sanctions in relation to oil markets. India's browser captured the reduced Russian oil because Western energy sanctions and the G7 prevented many consumers from Moscow supplies. New Delhi has repeatedly defended her purchases as a issue of national importance.

Buri also pointed out that the government of Trump's ancestor, President Joe Biden, supported the amount of Indian enhanced Russian oil. “I had a conversation with the Americans, the previous administration. They said, please buy what you want. Just be sure to buy it in the maximum prices. This is what we did,” said Buri.

Leave a Reply

Your email address will not be published. Required fields are marked *