Donald Trump‘s election as the 47th president of the United States sent Wall Street into a frenzy, driving major stock indexes to once again break record highs. Investors are betting that Trump’s potential policies — such as lower corporate and individual taxes, coupled with deregulation in the financial sector — will spur growth for corporate America. They may be underestimating the impact of higher deficits and tariffs on inflation. Among mega-cap companies, Tesla Inc. (NASDAQ:TSLA) stood out,...
Continue ReadingTesla is a $1 trillion company again. The EV maker’s stock jumped more than 8% Friday to put the company’s closing market cap over that threshold for the first time since April 2022. Worries among Tesla investors about the boss’s growing list of distractions and controversial behavior online sparked a selloff on the stock--one that was even harsh enough to get Musk to reconsider his plans and try to get out of the deal...
Continue Reading(Bloomberg) -- A breakneck rally in Tesla Inc. shares on Friday catapulted the electric-vehicle maker’s market value back over the coveted trillion-dollar mark, as investors bet that Donald Trump’s return to the White House can be a positive force for Elon Musk’s company.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Ini...
Continue ReadingTesla surged on Friday, capping a huge week for the EV maker as the stock hit its highest close in over two years. Optimism over CEO Elon Musk’s relationship with President Trump has sent investors into a frenzy, with Tesla’s market cap now topping $1 trillion...
Continue ReadingUS Equities Markets End Higher Friday as Consumer Sentiment Improves...
Continue ReadingThe valuation of Tesla now exceeds the combined value of the next ten largest automakers...
Continue ReadingThanks to a post-election bump, Tesla has become the newest member of the trillion-dollar club...
Continue ReadingThe S&P 500 came into this week having its best Election Year through October since 1936, and the gains have only continued with SPY currently up another 4.7% week-to-date...
Continue ReadingThe Destiny Tech100 closed-end fund has nearly 38% of its portfolio in the privately held space company,...
Continue ReadingShares Have Gained 30% This Week...
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