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MarketBeat
MarketBeat
Business
Chris Markoch

Tesla Investors Continue to Profit From the Trump Trade

Tesla Inc. (NASDAQ: TSLA) stock has been up 56.2% since Donald Trump was elected president of the United States. But the recent move of 6.6% the week of November 18, 2024, has investors thinking that the stock may be going to $400 or even higher. 

News broke that the Trump administration is planning to prioritize the creation of a regulatory framework for fully self-driving vehicles (i.e., autonomous vehicles) at the federal level as opposed to leaving it up to individual states. 

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