Tesla shares jumped more than 7% premarket on Monday, extending a red-hot rally fueled by investor bets that the automaker would benefit from CEO Elon Musk's backing of U.S. President-elect Donald Trump.
24/7 Wall St. Insights Tesla Inc. (NASDAQ: TSLA) shares are up handily this year while Ford Motor Co.
Hedge funds that bet against Tesla Inc (NASDAQ:TSLA) have lost an estimated $5 billion, according to a report carried by Bloomberg. Tesla's stock surged nearly 30% since the November 5 election, boosting the company's value above $1 trillion and leaving speculators significantly out of the money.
Elon Musk's support for Donald Trump's 2024 presidential campaign may be one of the boldest moves in his career—and one of the most financially rewarding.
Tesla (NASDAQ: TSLA) is the latest stock to reach the $1 trillion market capitalization status, as other equities show potential for joining this exclusive club.
The National Highway Traffic Safety Administration warned Tesla that its online posts may mislead drivers into thinking its cars are robotaxis. The agency is investigating possible safety defects in Tesla's FSD option, a partially automated driving system.
Markets got a huge rally that led to new all-time highs for the SPX, NDX and $DJI. Donald Trump named as the president-elect paved the way to that rally, with Tesla (TSLA) and crypto stocks leading many of those trades.
Donald Trump‘s winning the 2024 presidential election is expected to have a negative impact on the electric vehicle sector.
Stocks stormed to their best week of 2024 as post-election optimism lit a fire under already strong sentiment on Wall Street.
Thanks to a post-election bump, Tesla has become the newest member of the trillion-dollar club. Transcript: Conway Gittens: The S&P 500 cracked 6,000 for the first time in history Friday as investors were heartened by a Fed rate cut and President Trump's White House win.
Scott Nations, Nations Indexes president, joins CNBC's 'Power Lunch' to discuss three stocks: Goldman Sachs, Tesla, and Vistra.
Car company's valuation saw sharp rally on growing bets CEO would reap the benefits of his support for president-elect