Tesla (TSLA) Up 69% Since Trump Win: Is Now the Time to Buy?
One of the biggest winners of the last months, Tesla (TSLA) has increased a rather impressive 69% since Donald Trump emerged victorious in the 2024 presidential election. Yet traders are now pondering if now is the time to buy in. Or, are they too late to find a viable entry point for the surging stock? Tesla has undoubtedly been one of the most recognizable brands in the automotive industry over the last several years. It has become a leader in electronic vehicle (EV) manufacturing and has its eyes on some revolutionary products in the coming years. However, there is still the question of how much room there is left to run for traders wanting to get in on the skyrocketing stock. Source: Bloomberg Also Read: Tesla (TSLA) Officially Reaches New All-Time High Mark of $420 Tesla Continues November Surge, But Is Now The Time to Buy In? When Elon Musk began appearing alongside Donald Trump on the 2024 campaign trail, there was a lot of uncertainty. Musk was set to head the President-elect...