Tesla Devotees Go All In Driving $300 Billion Rally on Trump Win [Yahoo! Finance Canada]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg All together, the stock has advanced 39%, adding more than $300 billion in market capitalization since the Nov. 5 election. Shares jumped as much as 12% on Monday, trading as high as $358.64. Market professionals point to the fact that Tesla is a classic “momentum” stock, where both gains and losses tend to snowball quickly when investor sentiment takes a sharp turn in either direction. “Musk went all in on a Trump victory, so it's understandable why the market would view Tesla as a beneficiary,” said Steve Sosnick, chief strategist at Interactive Brokers. “Combine that with the market's love for buying dips, chasing rallies, and often using leverage or options to do so, and we get a rally that borders on ludicrous mode.” Options traders are betting on further gains. The premium of three-month calls over puts is at the highest since early 2021, with sizeable volume in contracts looking for a rally to $450 and above. That would put Tesla shares on co
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News
- Jamie Lee Curtis and Don Lemon quit X, formerly Twitter: 'Time for me to leave' [USA TODAY]USA TODAY
- Elon Musk had no business joining a call between these heads of state [MSNBC.com]MSNBC.com
- Krasner failed to show that Musk's $1M-a-day sweepstakes was an illegal lottery, Philadelphia judge says [CBS News]CBS News
- 'We're just on day 1': Republicans and Democrats are gearing up for a new status quo in Congress [USA TODAY]USA TODAY
- Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected [USA TODAY]USA TODAY
TSLA
Earnings
- 10/23/24 - Beat
TSLA
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/8/24 - Form 144
- TSLA's page on the SEC website