Donald Trump’s announcement that he plans to slap 25% tariffs on all car imports to the United States has given most automakers whiplash as

But Lipton argues that a case that says Musk is harming Tesla by working with DOGE would lack teeth because plaintiffs would be hard pressed to prove that Musk has intended to har

What was arguably once Tesla’s biggest asset — its myth-making CEO Elon Musk — may now be its biggest liability. It’s not just Musk’s latest actions as part of the Department of Government Efficiency (DOGE).

Shares of Tesla (NASDAQ: TSLA) are surging on Thursday. The electric-vehicle (EV) maker's stock gained 5.2% as of 11:40 a.m. ET and was up as much as 7.3% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) showed modest gains.

As shares of Elon Musk’s Tesla Inc. rally on Thursday, the jump in the size of the company dwarfed the decline in the value of its US rivals as the stocks responded to President Donald Trump’s latest tariff announcements.

Tesla stock rose as much as 7% Thursday morning in an otherwise difficult day for traditional automakers, following President Donald Trump's newly announced auto tariffs. Meanwhile, General Motors saw the biggest declines in the S&P 500,