TeslaNASDAQ: TSLA

Tesla is working hard to achieve Elon Musk's target for increasing deliveries this year. The company is using various strategies to boost demand.

Billionaire Ken Griffin has raised his investment in Tesla stock by 395%. Is it a good idea to invest in Tesla now that its stock is rising after the election?

Nvidia has announced its earnings for the third quarter, showing revenue and profits that exceeded Wall Street's predictions. This announcement wraps up the earnings reports for the "Magnificent Seven," which includes Tesla, Microsoft, Meta, Alphabet, Amazon, and Apple, all of which have already shared their results for the quarter.

After a slow beginning to the year, Tesla's stock has seen a positive change in the second half. The shifting regulations in the electric vehicle (EV) sector might offer additional support if they benefit Tesla and the entire EV market.

Tesla, Inc. is still considered a good investment despite its high price because of its potential for long-term growth, especially with expected regulatory changes under a Republican government that could speed up the approval of self-driving cars. The upcoming Trump administration and a Republican Congress are likely to relax regulations, which would help Tesla's plans for an autonomous taxi service, known as Cybercab, potentially creating a trillion-dollar market. By 2029, Tesla could achieve a $3.5 trillion enterprise value with a 28.2% annual growth rate, and even with conservative estimates, it still offers over 15% growth potential.

The chair of the board of directors at Tesla Inc. (NASDAQ: TSLA) has sold approximately $35 million in shares. This information comes from 24/7 Wall St. Insights.

Even though Tesla (NASDAQ: TSLA) may have faced losses for most of 2024, the electric vehicle company is showing strong potential in the fourth quarter so far.

Tesla, Inc. has seen a rise in popularity after the election, thanks to CEO Elon Musk's close collaboration with President-elect Donald Trump. However, the Trump administration might eliminate the $7,500 tax credit for electric vehicles, which could make regular gasoline cars more appealing and hurt Tesla's market position. While new federal rules for self-driving cars could help Tesla, the slow pace of legislation and Waymo's advantage in the market present major obstacles.

On Monday, Tesla's stock rose due to discussions about Donald Trump possibly relaxing rules for self-driving vehicles. This news negatively affected the shares of Uber and Lyft.