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2025-03-29 01:13:29

Layer3.news on Nostr: finance.yahoo.com TESLA’S $14 BILLION RALLY ECLIPSES A ROUT IN OTHER AUTO STOCKS -- ...


TESLA’S $14 BILLION RALLY ECLIPSES A ROUT IN OTHER AUTO STOCKS

https://s.yimg.com/ny/api/res/1.2/WiZe1dn4fc11iVGOB4x.3Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_markets_842/4ee8557065f807dcc6f3bd1997bbe1d3
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✍️ Tesla's stock rally on Thursday dwarfed the decline in value of its US rivals, despite the tariffs on autos announced by President Trump.
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👉 Tesla's stock rally on Thursday was significant, with a 1.7% rise that brought the company's market capitalization up by $14.3 billion.
👉 The decline in value of its US rivals, General Motors and Ford, which combined lost around $4.6 billion in value.
👉 Tesla's high valuation is distorting the pain that tariffs on autos are facing.
👉 The company's sales volumes are smaller than its competitors, but its market impact is significant due to its large size.

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#DaveMazza #AdamJonas #SolitaMarcelli #EshaDey #ElonMusk #DonaldTrump #US #California #Texas #Geneva #NewZealand #business
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https://s.yimg.com/ny/api/res/1.2/WiZe1dn4fc11iVGOB4x.3Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_markets_842/4ee8557065f807dcc6f3bd1997bbe1d3

https://finance.yahoo.com/news/tesla-14-billion-rally-eclipses-182319409.html

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