Tesla Stock Price Levels to Watch After Post-Election Surge, Musk's DOGE Appointment
Tesla(TSLA) Investopedia·2024-11-13 20:40
Key TakeawaysTesla shares have surged since Donald Trump's election last week, amid investor hopes that CEO Elon Musk's close ties with the president-elect will benefit the company.Trump has tapped Musk to co-lead a newly created Department of Government Efficiency, an agency tasked with reducing government expenditure and slashing excess regulations.The stock broke out above the top trendline of a cup and handle pattern last week on the highest trading volume since early July, indicating the potential for ...