Tesla stock slumps as post-election 'Trump trade' shows signs of fatigue [Yahoo! Finance Canada]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance Canada
Tesla ( TSLA ) stock declined over 2% on Thursday following a massive post-election surge from the "Trump trade" favorite. The electric vehicle maker's stock started showing signs of overextension earlier this week after reaching a peak of $350. The stock had been on a tear in the days following Donald Trump's election victory over optimism that CEO Elon Musk's close ties to the president-elect. On Thursday, shares were trading around $320 each, still up close to 15% from where they opened the day after the election. Tesla is up more than 30% this year after a brutal first half. Tesla, Inc. (TSLA) The company recently announced its sixth recall of Cybertrucks this year . On Wednesday, Tesla recalled 2,400 pickups due to a faulty part could lead to a loss of power and increase the risk of a collision. Musk is one of the business world's biggest supporters of Trump and was a key surrogate for the president-elect in the final months of the campaign, donating at least $132 mill
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News
- Dollar Rises With December Fed Cut Now in Doubt: Markets Wrap [Yahoo! Finance]Yahoo! Finance
- Why Musk supports Trump getting rid of EV tax credits [Business Insider]Business Insider
- Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit [Yahoo! Finance]Yahoo! Finance
- Why Tesla Stock Was Sliding Today [Yahoo! Finance]Yahoo! Finance
- Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried? [Yahoo! Finance]Yahoo! Finance
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