Tesla stock slumps as post-election 'Trump trade' shows signs of fatigue
The electric vehicle maker's stock started showing signs of overextension earlier this week after reaching a peak of $350. The stock had been on a tear in the days following Donald Trump's election victory on optimism around CEO Elon Musk's close ties to the president-elect.
Investors are optimistic given Tesla CEO Elon Musk’s increasingly close relationship with President-elect Donald Trump.
Black noted that Tesla's forward earnings estimates have remained largely unchanged, with fiscal year 2025 and 2029 ...
Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other ...
With Trump in office, even more creative policies and support structures that could directly or indirectly benefit Tesla may ...
An internet advertising firm can proceed with a vote next week on a board-approved plan to move the company’s state of ...
This trend could result in trade disruptions, which could have an impact on multiple sectors, including the automotive ...
In premarket trade, Tesla shares stormed 7% higher. The stock is up 33% over the last five days. Anything tied to crypto also was surging as bitcoin jumped above $80,000. Coinbase Global shares ...
Under30CEO on MSN1d
S&P 500 hits record, Tesla surgesThe S&P 500 reached a new record high, closing above 6000 points for the first time. The index settled at 6001.35, up 0.1 ...
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