Tesla n nvidia falls
7/1/2025 11:23pm
Tesla and Nvidia have experienced declines in their stock prices due to various factors:
1. **Tesla's Stock Decline**:
- Tesla's stock (TSLA) has fallen by 5.31% on July 1, 2025.
- The decline is due to several factors including the impact of the U.S. Senate pushing Trump's spending bill forward, which could end the $7,500 tax credit on new EV sales.
- Additionally, Tesla's stock has fallen due to ongoing management shake-ups, with key executives like Omead Afshar, vice president of manufacturing and operations, leaving the company.
- Tesla's sales in Europe have continued to slump, leading to a loss of market share to cheaper Chinese EVs.
2. **Nvidia's Stock Decline**:
- Nvidia's stock (NVDA) has declined by 3.66% on July 1, 2025.
- The decline is due to several factors including insider selling. Nvidia's CEO Jensen Huang and other insiders have sold over $1 billion worth of company stock, including over $500 million in June alone.
- There is also pressure from competition and the need to diversify its business. Nvidia is facing competition in the AI sector and has recently acquired Canadian AI startup CentML to bolster its capabilities.
- Additionally, the company's share price rose to a record high, which may have led to a selling spree by insiders to capitalize on the gains.
In conclusion, both Tesla and Nvidia have experienced declines in their stock prices due to a combination of factors including political developments, management changes, sales pressures, and insider selling. These declines reflect broader market dynamics and the specific challenges each company is facing.
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|NVDA|NVDA.O|Nvidia|20250616|1.9159|185|
|TSLA|TSLA.O|Tesla|20250616|1.1743|185|
|NVDA|NVDA.O|Nvidia|20250617|-0.3939|185|
|TSLA|TSLA.O|Tesla|20250617|-3.883|185|
|NVDA|NVDA.O|Nvidia|20250618|0.9437|185|
|TSLA|TSLA.O|Tesla|20250618|1.8018|185|
|NVDA|NVDA.O|Nvidia|20250620|-1.1204|185|
|TSLA|TSLA.O|Tesla|20250620|0.0342|185|
|NVDA|NVDA.O|Nvidia|20250623|0.2225|185|
|TSLA|TSLA.O|Tesla|20250623|8.2319|185|