Tesla should sell its stock after the big post-election run up, analyst says
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A Jefferies analyst suggests that Tesla should capitalize on the recent post-election surge in its stock price by selling shares to raise capital.
November 14, 2024 | 2:45 pm
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A Jefferies analyst recommends Tesla to sell shares to raise capital, leveraging the recent post-election stock price surge.
The recommendation to sell shares could lead to a short-term increase in stock price as investors anticipate capital raising. However, if Tesla follows through, the dilution could impact the stock negatively in the longer term.
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