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Tesla shares jumped 3.6%, closing over $479 per share. The stock is up nearly 20% in the past five days, reflecting positive news reports regarding Tesla's — and CEO Elon Musk’s — connection ...
Image source: Tesla. High expectations are now baked in. Tesla stock was already expensive before its recent rally, but its valuation now seems to have fully detached from the underlying business.
Tesla's 70% year-to-date share price surge comes after Musk, who is the founder of SpaceX and owner of X, was named the co-leader of the Department of Government Efficiency, or D.O.G.E.
Tesla stock opened Thursday's session lower as the Trump trade rally was showing signs of fatigue. Still, shares remain close to 15% higher than where they opened the day after the election.
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:. The chart of the day. What we're watching. What we're reading. Economic ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Per data from Cox Automotive and its subsidiary Kelley Blue Book, Tesla increased its market share in the US across all automakers to 4.2% in 2023 from 3.8% in 2022. That 4.2% market share ...
A robotaxi event light on details exposed a disconnect between the Tesla's lofty stock valuation and reality. ... who sees fair value around $153 per share, ... with little to no free cash flow ...
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