Tesla dropped nearly 1% in premarket trading after Elon Musk insulted Elizabeth Warren in clash over taxes.Elon Musk called Elizabeth Warren "Senator Karen" and said she reminded him of an "angry Mom" on Tuesday after the Massachusetts senator said the Tesla CEO should pay more in taxes.
Moreover, Ford CEO Jim Farley on Tuesday said in an interview that the company hopes to increase the production of electric vehicles to 600,000 within two years, which means that Ford will leap from the current fourth place in the world to the second place, surpassing GM and Volkswagen and second only to Tesla, the leader of electric vehicles.