Tesla should take advantage of its stock’s post-election surge to raise capital by selling shares, a Jefferies analyst says.

The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics that it’s gotten too expensive. The S&P 500 is still up nearly 25% for the year so far,

Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the Nikkei 225 index gained 0.