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Tesla leads Nov.'s global market value surge
Why Tesla Stock Jumped 38% in November
The stock peaked on Nov. 11 and then traded sideways over the rest of the month on mixed news. According to data from S&P Global Market Intelligence, the stock gained 38% over November. As you can see from the chart below, all of the stock's gains came in the days following the election.
Tesla leads November's global market value surge
Tesla's market capitalisation increased by the most among top global companies in November, boosted by expectations the automaker will benefit from CEO Elon Musk’s close ties with U.S. President-elect Donald Trump.
Tesla’s Market Value Increased More Than All Other Companies in November
Trump's victory and promises of relaxed regulations on self-driving cars pushed investors to drive the EV maker's stock valuation up to $1.1 trillion.
Why Tesla Stock Is Jumping Today
Tesla stock is gaining ground today following bullish coverage from Bank of America analyst John Murphy. The analyst raised the bank's one-year price target on the stock from $350 per share to $400 per share, which suggests additional pricing upside of roughly 8.5% as of this writing.
20h
So close, Tesla. Here's the magic number to reclaiming a $1.2 trillion market cap
Shares of Tesla Inc. were zipping higher on Thursday, but trading below an earlier level that it needs to end the session to ...
23h
on MSN
Tesla suspends Cybertruck production. Who could have predicted this?
First a judge struck down a stock grant that Musk persuaded Tesla shareholders to give him, in part by threatening to leave ...
23h
on MSN
Elon Musk Is $14 Billion Richer As Tesla Shares Hit 52-Week High
One investment firm recently raised its outlook for the automaker’s stock, despite skepticism about the company’s EV business ...
USA Today
9d
Tesla would likely be excluded from new California EV tax credits, Newsom's office says
Tesla
's TSLA.O electric vehicles likely would not qualify ... "The governor’s proposal for ZEV rebates, and any potential ...
6h
EV company beats Tesla to the punch with driverless taxi tests in major US city: 'The future of personal travel'
DELAWARE, Ohio (WCMH) – A Delaware County Sheriff deputy was injured while responding to a crash along an Interstate 71 exit ...
3d
Tesla's Self-Driving Narrative Is Falling Apart
Learn why Tesla, Inc.'s valuation is at risk due to its struggles with self-driving technology, facing competition from Waymo ...
18h
Stock Market Today: Dow finishes below 45,000 threshold as stocks pause record-setting rally
The Dow closes above 45,000 for the first time. It may be time to rethink what makes a milestone. Bitcoin breaks $100,000 as ...
3d
Elon Musk's Tesla pay package blocked again by judge
If Elon Musk’s Tesla compensation package makes it through the courts, it will be the largest payday to a CEO of a U.S.
3d
Tesla Faces An Uphill Battle In 2025
Tesla’s bullish stock faces tough challenges, especially in robotaxi and overseas markets. See why TSLA stock is expensive ...
Hosted on MSN
1d
Tesla Stock Rises Even As Goldman Sachs Sees No Delivery Growth This Year: Retail Cautious
Shares of Tesla, Inc. traded in the green Wednesday afternoon despite a bearish note from Wall Street raising concerns about ...
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