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A significant Tesla investor has urged the board to remove Elon Musk as CEO, citing concerns over his political involvement and its impact on the company's stock, which has plummeted 37% in 2025. While some investors support Musk, experts suggest that his ouster is unlikely unless performance continues to decline. The board's response to shareholder pressure remains uncertain as Musk's leadership faces increasing scrutiny.
Brookline Bancorp has received a "hold" rating from analysts, with Keefe, Bruyette & Woods downgrading it to "market perform" and setting a target price of $14.50. The bank, which offers a range of banking services, reported a quarterly EPS of $0.23, missing estimates, and has a dividend yield of 4.97%. Institutional investors hold 78.91% of the stock, with recent trading showing a market cap of $967.68 million.
Elon Musk's recent Pentagon visit, initially reported as a briefing on potential war with China, was later clarified to be unclassified. Despite denials from Defense Secretary Pete Hegseth and President Trump, scrutiny arose over Musk's access to sensitive information, given his significant business ties to China, including Tesla's Gigafactory in Shanghai and SpaceX's government contracts totaling $38 billion. Musk has expressed positive views on China, emphasizing his vested interests in the country.
Elon Musk has defended his use of ketamine under a doctor's prescription, stating it helps manage his mental health and supports his demanding work at Tesla and SpaceX. In an interview, he emphasized that he takes a small dose biweekly to combat depression, which he believes may be genetic. Musk also addressed his late-night social media activity, asserting he is "almost always" sober while posting, and discussed the challenges facing X, including advertising struggles and content moderation policies.
Elon Musk addressed Tesla employees in an all-hands meeting on March 20, urging them to hold onto their stock as shares plummeted over 50% in three months. He expressed optimism about the future, emphasizing the potential for full self-driving capabilities and plans for more affordable models by 2025, despite current challenges including production pauses and growing criticism. Musk concluded with a confident outlook, stating, “The future is incredibly bright and exciting.”
Elon Musk highlighted Tesla's recent achievements and ambitious vision during an all-hands meeting at the Texas Gigafactory, emphasizing the team's incredible capabilities. The event was livestreamed, inviting employees to engage with the company's progress and future goals.
In a surprise all-hands meeting, Tesla CEO Elon Musk praised the workforce and announced the production of over 7 million vehicles, projecting to exceed 10 million next year. He emphasized the company's vision for sustainable abundance through solar energy, battery storage, and AI, while highlighting the success of the Model Y and Cybertruck. Musk encouraged investors to "hang on to your stock," despite challenges and negative media portrayals.
Elon Musk's recent Pentagon visit has raised concerns over potential conflicts of interest due to his significant business ties with China, particularly through Tesla. While the Trump administration denied reports that Musk was briefed on top-secret military plans regarding China, his influence within the administration and his role in government layoffs have sparked debate about his dual interests. Critics argue that Musk's business dealings could compromise U.S. national security, especially as he advocates against decoupling U.S.-China technology relations.
Tesla owners are trading in their vehicles at unprecedented rates, with 1.4% of all vehicles traded in at dealerships through March 16 being Teslas from model year 2017 or newer. This marks a significant increase from 0.4% last March and reflects ongoing challenges for the automaker amid controversies surrounding CEO Elon Musk.
President Trump refuted claims that Elon Musk was briefed on U.S. military plans regarding a potential war with China during a Pentagon meeting, emphasizing that such sensitive information would not be shared with anyone, especially a businessman with interests in China. Musk, who holds a top-secret security clearance and has lucrative contracts with the Defense Department, met with Secretary of Defense Pete Hegseth for over an hour, but details of their discussion remain undisclosed. Hegseth praised Musk as a "patriotic American" following the meeting.
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