With Trump set to assume office in January, I have my eyes on one particular artificial intelligence (AI) company.After an intense and closely followed election season, former President Donald Trump is headed back to Washington. Since the election, speculation has been about whom Trump will appoint to his cabinet or other senior positions.Chief among those guesses is Tesla (TSLA -5.77%) Chief Executive Officer Elon Musk, who emerged as a critical Trump surrogate during the final months of the election campa ...

Tesla (NASDAQ: TSLA) has been on a significant upward trajectory recently, trading at $311.18 despite a 5.77% dip yesterday. The decline came on the heels of reports that President-elect Donald Trump may seek to eliminate electric vehicle tax credits, a move that could impact demand for Tesla vehicles. Nevertheless, the stock has surged by an impressive 41.72% over the past month, rewarding those who invested before the rally. One of the beneficiaries of Tesla's recent climb is Representative Morgan McGarve ...

Elon Musk made a big bet on Donald Trump this year. He vocally supported him on his platform X (formerly Twitter), donated $119 million through a political action committee supporting Trump, and spoke at his rallies. Now, Musk's gamble has seemingly paid off, and the billionaire is likely to share in the spoils. But the bigger question surrounds his company Tesla (TSLA -5.77%). The stock is up 23% since Trump's election victory. Will his presidency continue to benefit Tesla stock, or is a pullback on the ho ...

Topline The post-election rally for Tesla stock lost more steam Thursday, as shares of the company led by centibillionaire Elon Musk tracked toward their second 5% or worse loss in three days, with a reported move from the Musk-backed administration of President-elect Donald Trump weighing on the electric vehicle giant's share price. Tesla CEO Elon Musk, the world's richest man. AFP via Getty Images Key Facts Tesla stock fell 5.2% to $313 by late afternoon, with a 2.2% loss in morning trading accelerated by ...

Tesla Inc TSLA has soared since Donald Trump won the 2024 presidential election and Benzinga readers think that the momentum could carry into 2025 for the electric vehicle company. What Happened: Tesla CEO Elon Musk endorsed Trump for president in the 2024 election and helped campaign for his victory. While the move may have been risky, given Trump's past criticism of electric vehicles, it appears to have paid off for Tesla's stock price and analysts' optimism for the future. Tesla stock closed at $251.44 o ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

A Wall Street analyst has revised Tesla’s (NASDAQ: TSLA) stock price target upward by over 50% as TSLA shares rally in line with optimism surrounding Donald Trump’s election.Jefferies analyst Philippe Houchois raised the stock target from $195 to $300 while maintaining a ‘Hold’ rating in an investor note to clients on November 14.According to Houchois, the update highlights the optimism around Tesla’s growth across its various ventures, spurred by post-election expectations of deregulation under the Trump a ...

As the electric vehicle landscape charges forward, Tesla Inc TSLA and Rivian Automotive Inc RIVN stand as two of the most-watched U.S. players in the industry.But while Tesla has a strong profit engine driving its future, Rivian has been burning cash, relying on partners like Volkswagen AG VLKAF to keep up the pace. Who has the edge in the EV race, and can Rivian's adventurous brand and recent partnerships help it close the gap?Profitability: Tesla's Cash Vs. Rivian's Burn RateTesla has mastered profitabili ...

Renaissance Technologies pared its Tesla and Nvidia bets and raised its GameStop wager last quarter.The quant fund founded by the late Jim Simons cut its Tesla stake by 86% and halved its Nvidia wager.RenTech boosted its GameStop position by more than 40% to 1.9 million shares. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topic ...

Marketed as a durable, rugged vehicle, Tesla’s (NASDAQ: TSLA) Cybertruck has faced persistent criticism over performance issues, including breakdowns under basic conditions like rain, ever since its release.Considering the growing reputation, it may come as no surprise that Finbold’s research found Tesla might have been forced to recall up to 57,332 Cybertrucks since the start of 2024 – an average of 172 units per day since January 1.In total, there have been five recalls affecting the Cybertruck specifical ...