Tesla (TSLA 8.22%) stock rose by 70% during 2024, catapulting the company to a market capitalization of more than $1 trillion. But the stock actually spent most of the year trading in the red -- it didn't gather momentum until Donald Trump won the presidential election in November.
Tesla (TSLA 8.22%) CEO Elon Musk bet on Donald Trump winning the November election, and investors jumped on the Tesla bandwagon after discovering he bet right. The election results helped drive Tesla shares sharply higher to end the year.
Tesla (TSLA 8.22%) stock had a banner year in 2024. Shares of the electric vehicle (EV) leader soared by over 62%.
Although Tesla (NASDAQ: TSLA) missed the Q4 2024 consensus delivery target, an analyst has projected that the stock will likely soar by 35%, maintaining that the firm still has significant growth opportunities.
Tesla NASDAQ: TSLA has kicked off 2025 with turbulence, seeing its stock drop over 6% on Thursday following disappointing Q4 delivery figures. Delivering 495,570 EVs in the fourth quarter, Tesla missed estimates of 512,000 shipments, marking its first annual delivery decline since 2020.
Almost no other stock has done better since the presidential election than Tesla (TSLA 8.22%).
A soldier who blew up a Tesla Cybertruck outside a Trump hotel in Las Vegas left notes saying the New Year's Day explosion was a stunt to serve as a "wake-up call" for the country's ills, investigators have said.
Rivian (RIVN) shares surged by over 13% Friday morning — at the time of this video's posting in the afternoon, shares are currently up by over 22% — after beating fourth quarter EV delivery estimates: posting nearly 14,200 EVs during the fourth quarter and delivering nearly 51,580 electric trucks in 2024. On the other hand, Tesla (TSLA) saw a decline in its annual EV sales for the first time in over a decade.
OJ says the SPX still looks clearly range-bound, and high-momentum trades like $TSLA and $MSTR still have their work cut out for them ahead of a big week coming up. ======== Schwab Network ======== Empowering every investor and trader, every market day.
Tesla (TSLA 7.76%) stock is seeing strong bullish momentum in Friday's trading. The electric vehicle (EV) company's share price was up 6.9% as of 3:15 p.m.
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