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US analysts just invented a new valuation matrix. price / Trump. That's how absurd the U.S. mkt is.. The analysts are openly saying that earnings and cash flow don't matter.

Tesla's Stock Price Nears $300, Watch This Key Level

Tesla stock (NASDAQ: TSLA) reached a 52-week high on Thursday after it flirted with the $300 price level, reaching a high of $299.75.Shares exploded over the past two days as the United States elected

Tesla's Stock Price Nears $300, Watch This Key Level

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Kitc15
·11-08
If the US folks are not absurd they won’t select a criminal as their president
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That's how absurd the U.S. mkt is.. The analysts are openly saying that earnings and cash flow don't matter.</p></body></html>","htmlText":"<html><head></head><body><p>US analysts just invented a new valuation matrix. price / Trump. That's how absurd the U.S. mkt is.. The analysts are openly saying that earnings and cash flow don't matter.</p></body></html>","text":"US analysts just invented a new valuation matrix. price / Trump. That's how absurd the U.S. mkt is.. The analysts are openly saying that earnings and cash flow don't matter.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/368660148375744","repostId":1137835634,"repostType":2,"repost":{"id":"1137835634","pubTimestamp":1731045724,"share":"https://www.laohu8.com/m/news/1137835634?lang=&edition=full","pubTime":"2024-11-08 14:02","market":"us","language":"en","title":"Tesla's Stock Price Nears $300, Watch This Key Level","url":"https://stock-news.laohu8.com/highlight/detail?id=1137835634","media":"Teslarati","summary":"Tesla stock (NASDAQ: TSLA) reached a 52-week high on Thursday after it flirted with the $300 price level, reaching a high of $299.75.Shares exploded over the past two days as the United States elected","content":"<html><head></head><body><p>Tesla stock (NASDAQ: TSLA) reached a 52-week high on Thursday after it flirted with the $300 price level, reaching a high of $299.75.</p><p style=\"text-align: start;\">Shares exploded over the past two days as the United States elected Donald Trump as its next President, a big ally of CEO Elon Musk, who helped propel Trump to a massive victory by campaigning alongside him.</p><p style=\"text-align: start;\">Investors are effectively showing that they believe Trump’s presidency will benefit Tesla as a company, despite the potential for the end of the electric vehicle tax credit and a probable move away from an EV mandate.</p><p>Regulatory hurdles are likely to become less of an issue for Musk and his companies now that Trump will take over the Oval Office early next year.</p><p style=\"text-align: start;\">Analysts are also putting in their two cents, stating that the positives truly rely on Musk’s great relationship with President-Elect Trump.</p><p style=\"text-align: start;\"><strong>Dan Ives of Wedbush said</strong> on Wednesday:</p><p style=\"text-align: start;padding-left: 40px;\"><em>“It’s a dream scenario for any Tesla bull. I think this could ultimately add $40-$50 per share to TSLA stock right off the bat. We could now be talking about a $1 trillion, $1.5 trillion market cap for Tesla. Because first off, from an EV perspective, (Trump) will pull the EV tax credit, but that from a scale and scope perspective, is a positive for Tesla.”</em></p><p style=\"text-align: start;\">Shares exploded on Wednesday, but that momentum has carried well into Thursday as Tesla stock is trading at levels that are close to the $300 range.</p><p style=\"text-align: start;\">Tesla stock has not traded at that level since September 2022.</p><p>Bank of America analysts adjusted their price target for Tesla shares from $265 to $350 per share. The firm also maintained its “Buy” rating for the electric vehicle maker. In a note to clients, Bank of America analyst John Murphy stated that Tesla CEO Elon Musk’s close ties to Trump could benefit Tesla</p><p><em>“Our analysis has shown that TSLA should be relatively indifferent directly to most policies discussed in our recent election note, but may benefit from a shift to a federal regulation of autonomous vehicles/full self-driving (FSD) nationwide.</em></p><p><em>“In addition, it is difficult to judge how Elon Musk’s increasingly close public relationship with President Trump could benefit Tesla, but this needs to be monitored closely. We believe these factors, and potentially others, should support TSLA’s growth trajectory and thereby the higher earnings multiple”</em></p><p style=\"text-align: start;\">The shares closed 2.9% at $296.91 on Thursday. At the time of publication, shares were up 0.7 percent and were trading at $298.88 in overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4839ff78e4bf87021053732c0de16faf\" title=\"\" tg-width=\"536\" tg-height=\"711\"/></p></body></html>","source":"lsy1629091926461","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Stock Price Nears $300, Watch This Key Level</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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I think this could ultimately add $40-$50 per share to TSLA stock right off the bat. We could now be talking about a $1 trillion, $1.5 trillion market cap for Tesla. Because first off, from an EV perspective, (Trump) will pull the EV tax credit, but that from a scale and scope perspective, is a positive for Tesla.”Shares exploded on Wednesday, but that momentum has carried well into Thursday as Tesla stock is trading at levels that are close to the $300 range.Tesla stock has not traded at that level since September 2022.Bank of America analysts adjusted their price target for Tesla shares from $265 to $350 per share. The firm also maintained its “Buy” rating for the electric vehicle maker. In a note to clients, Bank of America analyst John Murphy stated that Tesla CEO Elon Musk’s close ties to Trump could benefit Tesla“Our analysis has shown that TSLA should be relatively indifferent directly to most policies discussed in our recent election note, but may benefit from a shift to a federal regulation of autonomous vehicles/full self-driving (FSD) nationwide.“In addition, it is difficult to judge how Elon Musk’s increasingly close public relationship with President Trump could benefit Tesla, but this needs to be monitored closely. We believe these factors, and potentially others, should support TSLA’s growth trajectory and thereby the higher earnings multiple”The shares closed 2.9% at $296.91 on Thursday. 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