To The Moon

Tesla stock was down 4% in early Thursday trading. Post-election volatility is decreasing.The small move comes despite a big target price bump. Thursday, Jefferies analyst Philippe Houchois raised his

Tesla stock was lower to start a new day of trading because trees don't grow to the sky.Shares of the electric vehicle maker were down 1.7% at $344 a share in premarket trading Tuesday while S&P 500 and Dow Jones Industrial Average futures were down about 0.2%.Coming into Tuesday trading, Tesla stock rose for five consecutive days, gaining about $107 per share, or 44%, over that span, adding an incredible $344 billion to the company's market value.The presidential election was the catalyst for the move. Tesla CEO Elon Musk backed Donald Trump and many Wall Street analysts expect the relationship to yield some benefits for Tesla over time. Wedbush analyst Dan Ives initially estimated that a Trump victory could add up to $50 to Tesla's stock price. Monday, he raised his target price by $100 to $400 a share while keeping his Buy rating.Coming into Tuesday trading, Tesla stock was up 38% year to date. All of that gain, and then some, was generated in the past few days.

Three Tesla insiders have adopted trading plans that are set to sell $300 million of stock, based on a recent market price.Tesla Chair Robyn Denholm and directors Kathleen Wilson-Thompson and Kimbal M

Tesla (TSLA) has an average rating of hold and price targets ranging from $85 to $310, according to analysts polled by Capital IQ.(MT Newswires covers equity, commodity and economic research from majo