To The Moon

Tesla stock was up in early trading Friday, rebounding from a steep drop on Thursday after Reuters reported that President-elect Donald Trump plans to reduce or eliminate the electric-vehicle purchase tax credit, which makes buying most Teslas and other EVs more affordable for most car buyers.Tesla stock was up 0.6% in premarket trading at $312.94, while S&P 500 and Dow Jones Industrial Average futures were down 0.6% and 0.4%, respectively. Shares dropped 5.8% on Thursday."Exactly what we expected," wrote Wedbush analyst Dan Ives in a Thursday report. "While this is a clear negative for the EV industry at first look and would particularly hurt GM, Ford, Stellantis, and Rivian. On the flip side we view this as a net bullish move for Tesla and Musk over time.". General Motors and Ford Motor don't make money selling EVs yet. Neither does EV start-up Rivian Automotive. Losing the credit would make turning a profit harder.Rivian shares, which slid 14% Thursday, were down 0.9% in premarket t

Trump tells Jonathan Karl he has "a substantial lead," but admits he could lose.

Tesla has long been a powerhouse in the electric vehicles industry. Over the years, the company has expanded into energy storage, robotics, and artificial intelligence .Tesla has significantly underperformed the "Magnificent Seven" group this year due to declining margins and deliveries. Even after racking up its biggest daily gain since 2013 today, Tesla is up less than 5% year to date, trailing the S&P 500 Index's 21.8% gain.Tesla stock surged over 21% by the closing bell today due to improve

Tesla has long been a powerhouse in the electric vehicles industry. Over the years, the company has expanded into energy storage, robotics, and artificial intelligence .Tesla has significantly underperformed the "Magnificent Seven" group this year due to declining margins and deliveries. Even after racking up its biggest daily gain since 2013 today, Tesla is up less than 5% year to date, trailing the S&P 500 Index's 21.8% gain.Tesla stock surged over 21% by the closing bell today due to improve

Tesla reported mixed third quarter results after the bell on Wednesday, but the stock jumped 12% in premarket trading Thursday as investors cheered the earnings beat, higher gross margins, and news th

Tesla reported mixed third quarter results after the bell on Wednesday, but the stock jumped 12% in premarket trading Thursday as investors cheered the earnings beat, higher gross margins, and news th