๐ Maple Market Challenge 7: With Tesla down over 20% from its July peak, could a rebound follow Trump and Musk's interview?
Hi, mooers!
Welcome back to Maple Market Challenge! ย
Each week, we'll throw a couple of easy questions about Canadian/US stocks. All you need to do is pick an answer or drop us a line with your thoughts. It's that simple!
Like always, let's reveal the answer to last week's quiz: How much did Shopify's revenue increase by in Q2 (YoY)? The answer is 21%.
A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with more details has been sent to you.
Like always, let's reveal the answer to last week's quiz: How much did Shopify's revenue increase by in Q2 (YoY)? The answer is 21%.
A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with more details has been sent to you.
Now, brace yourselves for today's quiz!
Let's turn back to the US stock market!
Let's turn back to the US stock market!
$Tesla (TSLA.US)$ experienced substantial volatility this year, plummeting over 40% by mid-April, rebounding post first-quarter earnings, consolidating for two months, and then surging in early July due to robust Q2 sales. Despite this, it dropped 22% from its mid-July peak during the Great Rotation. ![]()
This Monday, republican presidential candidate Donald Trump engaged in a cordial two-hour interview with billionaire entrepreneur Elon Musk on Musk's social media platform X. ย![]()
Click here to view the replay๏ผ
This Monday, republican presidential candidate Donald Trump engaged in a cordial two-hour interview with billionaire entrepreneur Elon Musk on Musk's social media platform X. ย
What implications do you believe this meeting holds for the future of Tesla's stock?
How does this interaction affect Trump-related stock stock and his election? ย
Share your market smarts in the comment area to earn 50 points!
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ย Stick around for the reveal of the answers and to celebrate our winners. Good luck to everyone!
How does this interaction affect Trump-related stock stock and his election? ย
Share your market smarts in the comment area to earn 50 points!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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102362254 : As a long-term Tesla investor, I understand that market feelings can change with discussions and politics. It's important to watch these closely for investment decisions. The influence of Trump-related stocks and election activities can affect how markets and investors view things. Monitoring these dynamics is key for understanding broader market reactions. Thereโs no need for speculation or worry when you're investing in Tesla for the long term.