From Nasdaq: 2024-11-12 15:56:08

After a strong rally post-election, Tesla shares are cooling off, dropping 5% today with the broader market. Hertz’s weak EV demand announcement and J.D. Power’s projected lease flood impacted sentiment. Tesla’s surge lacked clear business benefits, and Trump’s plan to eliminate EV tax credits poses risks.

Investors are uncertain about Tesla’s future despite Musk’s alignment with Trump. The stock’s high valuation and dependency on government policy pose challenges. Tesla’s robotaxi launch could face safety and perception issues. An expert team offers “Double Down” alerts for potential growth opportunities in select companies – Amazon, Apple, and Netflix have seen significant returns in the past.



Read more at Nasdaq: Why Tesla Stock Was Pulling Back Today