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.
It marks a bet by investors that a Trump White House might ease up on some of the investigations by safety regulators into ...
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 ...
Tesla short-sellers lost $7.8 billion after a 38% post-election surge in shares of the EV maker. Tesla was a popular "Trump ...
Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other ...
An internet advertising firm can proceed with a vote next week on a board-approved plan to move the company’s state of ...
U.S. stocks slipped on Tuesday as the post-election "Trump trade" rally that has energized Wall Street began to lose some ...
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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