Tesla Stock Surges Over 13% In Premarket: What Is Going On
Benzinga
2024-11-06
Views 36
According to Wedbush analyst Dan Ives, the biggest positive from a Trump win would be for Tesla and Musk.
"We believe a Trump win is a negative for the EV industry as the EV rebates/tax incentives get pulled, however for Tesla a huge positive for scale/price advantage," Ives said on Wednesday. The analyst added that a Trump win could add $40-$50 to Tesla's stock.
"We believe a Trump win is a negative for the EV industry as the EV rebates/tax incentives get pulled, however for Tesla a huge positive for scale/price advantage," Ives said on Wednesday. The analyst added that a Trump win could add $40-$50 to Tesla's stock.
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