Tesla Stock Soars 12% After Trump Calls Musk a 'Genius' in Election Night Speech
Portfolio Pulse from
Tesla's stock surged by 12% following a speech by Donald Trump, where he praised Elon Musk as a 'genius'. This occurred despite the Associated Press not yet declaring a winner in the election.
November 06, 2024 | 9:45 am
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Tesla's stock price increased by 12% after Donald Trump praised Elon Musk as a 'genius' during his election night speech.
The praise from a high-profile figure like Donald Trump can boost investor confidence and public perception, leading to a significant increase in Tesla's stock price. The 12% surge indicates a strong positive reaction from the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100