Tesla Stock Surges Post-Trump
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Tesla stockInvestor's Business Daily
•Tesla stock drops 1% to 390.39 as investors await Trump's policies
74% Informative
Tesla stock dropped 1% to 390.39 during market action on Monday , testing 10-week line.
Morgan Stanley's Adam Jonas increased his Tesla stock price target to 430 from 400 .
Tesla reported record fourth-quarter deliveries on Jan. 2 , but the number came in below analyst expectations.
Tesla CEO Elon Musk said in Q3 that vehicle sales could grow " 20%-30% " in 2025 .
Tesla 's third-quarter earnings unexpectedly rose 9% in the third quarter .
The EV giant recently announced a year-end discount on local Model Y sales.
Analysts generally see the Trump presidency as an overall negative for EVs, but a positive for Tesla .
The IRA tax credit could hit Tesla 's auto business if it were stripped away.
Tesla CEO Elon Musk set sky-high expectations for the "We Robot" event.
The consensus among analysts was that while the event was high on pomp and circumstance, it underdelivered on details.
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