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Benzinga
Benzinga
Business
Anan Ashraf

TSLA Stock Rally Since Trump Win Has This Analyst 'Cautious' About EV Giant's Prospects Even As He Maintains 'Very Bullish' Outlook: Here's Why

Gary Black Tesla Inc. Future Fund Donald Trump

The Future Fund LLC Managing Partner and Tesla (NASDAQ:TSLA) bull Gary Black said on Friday that the EV company’s earnings per share (EPS) revisions have not kept pace with the stock price surge since Donald Trump’s victory in the Presidential elections.

What Happened: “We know that $TSLA is up +51% YTD (vs NDX +28%), all of which is since the Nov election (TSLA +50% vs NDX +7%) on the belief that ally Trump can streamline TSLA's efforts to secure autonomous deployment licenses. The question is: Have TSLA Adj EPS ests increased as well? The short answer is not much,” Black said on Friday.

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