Elon Musk's Yuletide Grudge: Tesla CEO Still Cross With Biden For Giving 'Cold Shoulder' 2 Years Ago
Portfolio Pulse from Ramakrishnan M
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), remains upset with the Biden administration for excluding Tesla from a 2021 EV summit, despite Tesla's significant EV deliveries compared to GM. Musk's tweet on X (formerly Twitter) reiterates his frustration, and the article also touches on Musk's ventures in AI and the optimistic outlook for Tesla's market cap by analyst Daniel Ives.
December 25, 2023 | 3:00 pm
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Elon Musk's public expression of frustration with the Biden administration may reinforce investor perception of Tesla's leadership in the EV market. Analyst optimism, such as Ives' prediction of Tesla reaching a $1 trillion market cap, could positively influence investor sentiment.
Musk's tweet could be seen as a reminder of Tesla's strong position in the EV market, which might positively affect investor sentiment. The mention of analyst Daniel Ives' positive outlook for Tesla's market cap further supports a potential positive short-term impact on TSLA's stock price.
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