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Tesla, crypto and prisons are Trump trade winners
Tesla stock falls 4% as Trump trade fades, EV tax credits come under threat
Tesla (TSLA) stock fell as much as 4.7% on Thursday as the stock's post-election gains faded amid a cooling of the Trump trade and a new report from Reuters that suggested EV tax credits could be cut under the incoming Trump administration.
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.
Why Tesla, crypto and prisons are Trump trade winners
It marks a bet by investors that a Trump White House might ease up on some of the investigations by safety regulators into features such as self-driving. The ties between Trump and Musk could also help Tesla navigate shifts in relationship between the US and China,
1d
Tesla Falls 6% As Hedge Funds Carry Out 'Trump Trade' Rebalancing, Gary Black Says President-Elect Could Help Secure Robotaxi Approvals
Black noted that Tesla's forward earnings estimates have remained largely unchanged, with fiscal year 2025 and 2029 ...
1d
Trump’s ‘A Star Is Born’ Comment Adds $300 Billion To Tesla Stock: Justified?
Investors are optimistic given Tesla CEO Elon Musk’s increasingly close relationship with President-elect Donald Trump.
4h
Will Elon Musk’s Tesla robotaxi see an easier regulatory path following Trump victory?
Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other ...
2d
on MSN
Wall Street Drifts as 'Trump Trade' Momentum Slows
U.S. stocks slipped on Tuesday as the post-election "Trump trade" rally that has energized Wall Street began to lose some ...
1d
Tesla’s Trump
With Trump in office, even more creative policies and support structures that could directly or indirectly benefit Tesla may ...
7d
In good omen for Tesla, Delaware judge OKs vote on ad company’s move to Nevada
An internet advertising firm can proceed with a vote next week on a board-approved plan to move the company’s state of ...
Under30CEO on MSN
1d
S&P 500 hits record, Tesla surges
The 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 ...
2d
on MSN
Cathie Wood’s ARK Innovation ETF Is a Trump Trade Winner as Tesla Soars. But It Still Lags the Market.
Wood’s flagship tech and momentum stock fund is getting a big boost from Tesla and Coinbase. But it continues to underperform ...
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