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Tesla Investors Continue to Profit From the Trump Trade
MarketBeat· 2024-11-22 14:00
Tesla TodayTSLATesla$340.16 -1.86 (-0.54%) 52-Week Range$138.80▼$358.64P/E Ratio93.20Price Target$230.18Add to WatchlistTesla Inc. NASDAQ: TSLA stock has been up 56.2% since Donald Trump was elected president of the United States. But the recent move of 6.6% the week of November 18, 2024, has investors thinking that the stock may be going to $400 or even higher.  News broke that the Trump administration is planning to prioritize the creation of a regulatory framework for fully self-driving vehicles (i.e., ...
Tesla Gains 55% In A Month With Strong China Role, Bullish Signals
Benzinga· 2024-11-22 13:32
Tesla Inc. TSLA continues to defy expectations, not just as a trailblazer in the electric vehicle (EV) market but also as a juggernaut in the stock market. With its stock up 45.02% over the past year, 36.72% year-to-date, and 55.82% in just the last month, TSLA stock has firmly established itself in bullish territory. Chart created using Benzinga ProThe technical signals back this sentiment. Tesla’s stock price of $339.64 sits comfortably above its eight, 20 and 50-day simple moving averages, signaling a st ...
Tesla's path in China clears as Musk courts both Trump and Xi
The Guardian· 2024-11-22 00:27
If it pays to have friends in high places, few among us can claim to be better placed than Elon Musk, the world’s richest man and one of the only people to have cosy relationships with both Donald Trump and Xi Jinping. His commercial and political connections to both may prove pivotal as the feud between the US and China plays out over the next four years, particularly as Trump promises steep tariffs.Musk, the billionaire CEO of Tesla and SpaceX, once supported Joe Biden. But his relationship with the curre ...
1 Wall Street Analyst Thinks Tesla Stock Is Going to $400. Is It a Buy?
The Motley Fool· 2024-11-21 14:52
Tesla (TSLA 1.51%) shares have been on quite a roll since the U.S. election on Nov. 5. CEO Elon Musk has become a confidant to President-elect Donald Trump, and investors feel future public policy on electric vehicles (EVs) could give Tesla a major boost.That is what has investors continuing to pile into Tesla stock. With another big gain to start this week's trading, Tesla shares have now soared by more than 30% since Election Day. And one Wall Street analyst thinks there's more to come.In a new report rel ...
Billionaire Ken Griffin Is Loading Up on Nvidia and Tesla Stocks. Should You?
The Motley Fool· 2024-11-21 09:47
Any list of the greatest hedge fund managers of all time should include Ken Griffin. He founded Citadel Advisors in 1990. Today, Citadel ranks among the largest and most successful hedge funds in the U.S. And Griffin is worth around $46.7 billion, making him the 31st wealthiest person in the world. Unsurprisingly, the stocks Griffin buys and sells attract the interest of many investors. Citadel recently submitted its quarterly 13F filing to the U.S. Securities and Exchange Commission. We now know that Griff ...
Billionaire Ken Griffin Increased His Position in Tesla Stock By 395%. Should You Buy Tesla During Its Post-Election Surge?
The Motley Fool· 2024-11-20 23:22
Billionaire investor Ken Griffin has been known for making some rather eccentric purchases.Back in 2021, Griffin paid a cool $43 million for a first-edition copy of the U.S. Constitution -- outbidding a decentralized autonomous organization (DAO) of crypto enthusiasts in the process. More recently, Griffin shelled out $45 million for a stegosaurus fossil. I can say in full confidence that Griffin's man cave is much cooler than anything my friends have in their houses.Griffin has amassed his fortune as a hed ...
Tesla's Trump Card Is A Key Catalyst In Its Autonomous Future
Seeking Alpha· 2024-11-20 14:16
Since my last analysis of Tesla, Inc. (NASDAQ: TSLA ), the stock has gained 55% in price. While this is largely due to sentiment factors related to the impending Trump presidency, which is likely to be beneficialOliver Rodzianko is an investment analyst specializing in the technology sector, grounded in timeless value principles. His expertise spans AI, semiconductors, software, and renewable energy, with a focus on companies that demonstrate resilient management and lasting competitive advantages. A truste ...
Monster insider trading alert for Tesla (TSLA) stock
Finbold· 2024-11-20 10:51
Though it might have spent most of 2024 in the red, pioneering EV maker Tesla (NASDAQ: TSLA) is having a very promising fourth quarter thus far. Whereas Tesla stock was plagued by supply chain issues, increasing competition, and negative reactions to the company’s Robotaxi Day event in the preceding months, October and November have been dominated by good news. The automaker’s Q3 2024 earnings report was an unexpected success — and Musk’s expected influence on the upcoming Trump administration is seen as a ...
Tesla: Be Careful What You Ask For
Seeking Alpha· 2024-11-20 01:00
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end November, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and dir ...
Tesla Under Trump 2.0 Era: Positioned for Explosive EV & AV Growth?
ZACKS· 2024-11-19 15:26
Since Donald Trump's victory in the 2024 U.S. presidential election, Tesla (TSLA) has been making waves in the stock market. Yesterday, shares of TSLA rose 5.6%, fueled by reports that the incoming Trump administration plans to push for a federal framework supporting self-driving vehicles. Given CEO Elon Musk's strong relationship with Trump, Tesla's ambitions in both autonomous and electric vehicle (EV) domains seem to be on the verge of a major acceleration.The Musk-Trump ConnectionMusk played a significa ...