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A look at the shareholders of Tesla, Inc. (NASDAQ:TSLA) can tell us which group is most powerful. Generally speaking...
As of 1:11 p.m. ET, the stock was up 4.7% on the news. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
The deal's announcement resulted in a more than 10% drop in Tesla's stock price; at the time, SolarCity was facing liquidity issues. [142] Multiple shareholder groups filed a lawsuit against Musk and Tesla's directors, stating that the purchase of SolarCity was done solely to benefit Musk and came at the expense of Tesla and its shareholders.
Today, Tesla stock gained another 5% before paring back some of that jump. As of 12:15 p.m. ET, shares were still 3.7% higher on the day. But it's not just because of Musk's relationship with Trump.
*Stock Advisor returns as of December 30, 2024. Howard Smith has positions in ChargePoint, EVgo, and Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure ...
The stock rose 6% Wednesday to hit a closing price of $424.77, beating its previous best finish of $409.97 on Nov. 4, 2021. Musk took a moment to gloat about the milestone with a post on X , the ...
Additionally, Tesla stock has gotten pricey after the recent rally. It trades at a price-to-earnings ratio of roughly 200 based on adjusted earnings, and its primary business is in a sector where ...