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Tesla Stock Rises. It’s Been a Good Week for EV Maker.
Tesla Stock Is Surging. Here’s Why.
It was a quiet end to the week for Tesla stock—until traditional auto makers did something surprising.Shares of the electric-vehicle maker were up 4.2% at $354.06 around noon, while the S&P 500 and Dow Jones Industrial Average were up 0.
Why Tesla Stock Ended the Week on a High Note
Tesla ( TSLA 4.25%) shares have been on a roll in recent weeks. The stock has soared by more than 60% in the last month and that surge continued Friday. Tesla shares were higher by 3.7% as of 1:45 p.m. ET. That brings year-to-date gains to about 42%.
Tesla Stock Rises. It’s Been a Good Week for the EV Maker.
It’s been a quiet end to the week—so far—for Tesla stock. Coming into Friday trading, Tesla stock was up almost $90 a share adding some $280 billion to its market value. Investors believe Tesla will benefit from CEO Elon Musk backing President-elect Donald Trump’s campaign.
Elon Musk added 70 billion dollars to his wealth
Elon Musk broke his $340 billion wealth record as Tesla stock keeps rising
Elon Musk current net worth at $347.8 billion makes him more valuable than Salesforce, breaking a previous record high he set in 2021.
How Elon Musk added 70 billion dollars to his wealth since Trump won
He might as well have been speaking about his new BFF and the nation’s first buddy Elon Musk who just can’t stop winning since Donald Trump came back to power. Elon Musk, already a dominant force in the business world,
How Trump’s win fuelled a $70 billion surge in Elon Musk’s net worth
The billionaire’s rising net worth is attributed to Tesla’s skyrocketing stock prices, and the rapid growth of his AI company, xAI. As of 22 November, Musk’s wealth exceeded $340 billion, according to the Bloomberg Billionaires Index.
2d
on MSN
Bezos Denies He Said Trump Would Lose—And To Sell Tesla Stock—In Latest Feud With Musk
Elon Musk's claim about Bezos' election predictions on Trump was "100% not true," Bezos responded on X. “Nope. 100% not true, ...
4d
on MSN
Tesla stock roars to second-highest mark ever postelection; here's what could be in store
Stock for Elon Musk’s only public company, Tesla, has had a healthy November as the polarizing figure saw a variety of wins.
2d
on MSN
Jeff Bezos denies Elon Musk claim he urged people to sell their Tesla, SpaceX stock because Trump would lose
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
3d
on MSN
Billionaire Ken Griffin Increased His Position in Tesla Stock By 395%. Should You Buy Tesla During Its Post-Election Surge?
And while taking a spin through Citadel's most recent 13F filing, I noticed Griffin and his firm scooped up 1.2 million ...
4d
Why Is Tesla (TSLA) Stock Rocketing Higher Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 8.9% in the afternoon session after Bloomberg reported that the ...
Markets Insider on MSN
11d
Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says
Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more likely if Elon Musk exerts ...
24/7 Wall St
10d
Why Tesla Won't Likely Split Its Stock For the Foreseeable Future
After a challenging 2023, Tesla (NASDAQ:TSLA) rebounded with a number of strong earnings reports, causing the stock price to ...
10d
on MSN
Tesla’s Meme-Like Stock Surge Leaves Wall Street Feeling Wary
Tesla Inc.’s post-election surge, powered by Elon Musk’s full-throated support for Donald Trump, has added almost $250 ...
9d
on MSN
Why Tesla Stock Was Sliding Today
Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...
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