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Why Tesla Stock Ended the Week on a High Note [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla shares were higher by 3.7% as of 1:45 p.m. ET. That brings year-to-date gains to about 42%. Much of the recent euphoria has been related to CEO Elon Musk and his relationship with President-elect Donald Trump. But the stock's momentum may have also gotten a boost after the latest European electric vehicle (EV) sales numbers were published yesterday. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » European EV sales were up by about 7% year over year in October, according to the European Automobile Manufacturers' Association. That bodes well for Tesla for several reasons. First, that rise in fully electric car registrations compares to flat results overall for all power sources including hybrids and fossil fuel vehicles. And the October rise in battery electric vehicle registrations compares to a drop of 2.6% in 2024 through September. And Tesla specifically has been seeing expanding sales over the last two
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- Donald Trump and Elon Musk's relationship: See the President-elect and tech giant in photos [USA TODAY][USA TODAY]
- Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet [Yahoo! Finance][Yahoo! Finance]
- LinkedIn co-founder Reid Hoffman warns against Elon Musk's ‘conflict of interest' in setting AI policies [TechCrunch][TechCrunch]
- Moderna, Gap pop, Tesla drives higher: Yahoo Finance [Yahoo! Finance][Yahoo! Finance]
- Europe's car battery ambitions go up in smoke. China wins again as Northvolt files for bankruptcy [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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