Tesla options draw 'euphoric' trading as Trump win fires up stock

Tesla options draw ‘euphoric’ trading as Trump win fires up stock

ByKaushiki

With Tesla’s stock reaching its highest level in over two years, investors are flooding into bullish options bets on the electric vehicle manufacturer, hoping that Elon Musk’s strong relationship with President-elect Donald Trump will help the company. Tesla’s stock has risen more than 35% since the election on November 5 and was up almost 8%…

Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade

Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade

ByKaushiki

As the US markets opened on Friday, Tesla’s stock continued to rise, increasing 4.43 per cent. Following the company’s announcement of a 17% increase in third-quarter profits, Tesla shares listed on the Nasdaq index saw an uptick. When trading began at 9:30 am EDT, Tesla shares were trading at $257.69. They increased by 4.43 per…