Tesla Stock Rises. It’s On Pace for One of Its Best Months Ever.
There isn’t much news to explain the Tesla stock move; no analysts upgraded or downgraded the shares. President-elect Donald Trump on Monday said he would put 25% tariffs on goods from Canada and Mexico until “such time as drugs, in particular Fentanyl, and illegal aliens stop this invasion of our country.” Later that day, California Gov. Gavin Newsom said his state would offer a $7,500 tax credit on purchases of electric vehicles if Trump killed the federal credit, which is the same size, as is widely expected.