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Tesla stock bleeds, recession fears — and Bitcoin $200,000: Markets news roundup

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Image for article titled Tesla stock bleeds, recession fears — and Bitcoin $200,000: Markets news roundup

Image: Anna Moneymaker (Getty Images), Photo: Anna Moneymaker (Getty Images), Anna Moneymaker (Getty Images), Anna Rose Layden / Stringer (Getty Images), Michael M. Santiago (Getty Images), Alex Wong (Getty Images), Spencer Platt (Getty Images), Spencer Platt (Getty Images)

President Donald Trump at the White House on March 7.

President Donald Trump at the White House on March 7.
Image: Anna Moneymaker (Getty Images)

President Donald Trump declined to deny the risk of a recession as markets plunge in response to his tariffs.

President Donald Trump declined to deny the risk of a recession as markets plunge in response to his tariffs.
Photo: Anna Moneymaker (Getty Images)

Stocks fell sharply on Monday as Wall Street’s fears tied to President Donald Trump’s tariffs continue to pressure the market and investors wait for new economic data, especially inflation on Wednesday.

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Tesla CEO Elon Musk speaks at an October 2024 rally for President Donald Trump.

Tesla CEO Elon Musk speaks at an October 2024 rally for President Donald Trump.
Photo: Anna Moneymaker (Getty Images)

After Donald Trump was named the president-elect of the United States, Tesla (TSLA) stock roared, reaching new highs. But backlash over CEO Elon Musk’s relationship with the president has erased all of those gains. 

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Image for article titled Tesla stock bleeds, recession fears — and Bitcoin $200,000: Markets news roundup

Photo: Anna Rose Layden / Stringer (Getty Images)

Image for article titled Tesla stock bleeds, recession fears — and Bitcoin $200,000: Markets news roundup

Photo: Alex Wong (Getty Images)

Image for article titled Tesla stock bleeds, recession fears — and Bitcoin $200,000: Markets news roundup

Photo: Spencer Platt (Getty Images)

Image for article titled Tesla stock bleeds, recession fears — and Bitcoin $200,000: Markets news roundup

Photo: Spencer Platt (Getty Images)

With post-election gains in the rear-view mirror, Morgan Stanley’s (MS) chief U.S. equity strategist is raising some concerns about the fate of the S&P 500 through at least June. The gist? The Trump bump may morph into a protracted slump.

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Bitcoin is here to stay, but meme coins have hurt the marketplace, Anthony Scaramucci says

Anthony Scaramucci, who recently authored The Little Book of Bitcoin and previously worked for Trump, breaks down the news in the crypto market

Bitcoin will be $200,000 by 2026, Anthony Scaramucci says

Regulatory clarity and new directives from the Trump administration will play a large role

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Sharie Pingree

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