Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 15.1% in the morning session after stocks rallied as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election...
Continue ReadingTesla (TSLA) stock is soaring after former President Donald Trump's victory in the 2024 U.S. presidential election. While CEO Elon Musk was a vocal supporter of Trump, the President-elect has not expressed the same enthusiasm for the electric vehicle industry. "It's interesting because there's a lot of government help or regulation or incentive all pushing the electric vehicle transition, and Tesla's absolutely benefited from that. But we also know that Donald Trump doesn't necessarily support that thinking," iSeeCars.com Executive Analyst Karl Brauer told Yahoo Finance. Brauer notes that a "government-led transition to EVs" is not a concept that Trump has embraced. He points to the broader EV market beyond Tesla, noting that other stocks in the sector are not experiencing the same rally as Tesla. "It's interesting to see that people feel like Elon's relationship with Donald Trump will overcome a potential shift in policy," he adds. Moving forward, Brauer believes that Trump's policy regarding EVs may hurt the sector, including Tesla. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith...
Continue ReadingUS equity markets are up big today after President Trump's victory in last night's election...
Continue ReadingThe return of Trump to the White House has Wall Street laser-focused on potential winners and losers...
Continue ReadingU.S. stocks could witness a strong opening on Wednesday after former President Donald Trump emerged victorious after a long-drawn battle with Joe Biden and Kamala Harris. With Trump returning as the U.S. President, futures of all three major indices were strongly in the green on Wednesday, pointing to upbeat sentiment on Wall Street. Don't Miss: The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives invest...
Continue ReadingWhy is Donald Trump's election victory powering explosive gains for Tesla stock?...
Continue ReadingTesla stock soared Wednesday with Republican nominee Donald Trump winning the U.S. presidential election. It also means more work for Elon Musk, the already incredibly busy CEO of Tesla SpaceX, X, and xAI. Tesla stock jumped more than $33 a share, or 13%, to $284.62 in midday trading, making it one of the biggest winners in the which was up 2%...
Continue ReadingStocks rally and bonds plunge as with new economic agenda ahead. Tesla is a winner as other EV makers fall. Tech stocks bullish and renewable energy dives...
Continue ReadingFor Horizon Kinetics's Q3 2024 Commentary, it seemed like a fine idea to let the news lead the way and save us some work. Click here to read the full commentary...
Continue ReadingInvestors are wading into trades linked to a potential Trump victory, sending shares of DJT and Tesla higher...
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