Tesla ( NASDAQ: TSLA) traded lower on Tuesday after Bank of America lowered its rating on the electric vehicle stock to Neutral from Buy due to high valuation and near-term execution risk.
That's why Teslastock rocketed higher after the election -- the sooner FSD is approved, the quicker the company can unlock that value. The Nasdaq-100 technology index trades at a P/E of just 33 ...
CEO Elon Musk bet on Donald Trump winning the November election, and investors jumped on the Tesla bandwagon after discovering he bet right. The election results helped drive Tesla shares sharply ...
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