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After the US presidential election, the electric car giant Tesla (TESLA) stock prices went wild and even doubled compared to this year's low. America's wealthy investors are still optimistic that Tesla can rise several times more.
Investing in Regal RON BARON (RON BARON), he is also Tesla's main shareholder. He said that Tesla's market value can rise to 5 trillion US dollars within 10 years. Also, Tesla CEO Musk believes that Tesla's market value will be 30 trillion US dollars.
In response to Trump's election as the next president of the United States, and Musk played a big role in his election, Tesla's stock price recently surged by more than 25%, and the market capitalization has returned above 1 trillion dollars.
Barron was one of Tesla's early investors, and Baron Capital, which is in charge of it, invested 0.4 billion dollars in the company from 2014 to 2016.
He once revealed that investing in Tesla made him profit of 6 billion dollars. Tesla still accounts for 10% of Barron's stock investment.
In an interview with the financial channel CNBC on Friday, Barron believes that in response to the development of the robotic robot Optimus, Tesla could reach more than 3 trillion dollars, or even 4 trillion or 5 trillion dollars, within 10 years. Therefore, he will not sell his Tesla shares at this stage.
He also revealed that Musk believes Tesla's market capitalization is more likely to be worth 30 trillion dollars.
Tesla closed the market and rose $9.54 to $320.72 on Friday.
Source: 9Share
Investing in Regal RON BARON (RON BARON), he is also Tesla's main shareholder. He said that Tesla's market value can rise to 5 trillion US dollars within 10 years. Also, Tesla CEO Musk believes that Tesla's market value will be 30 trillion US dollars.
In response to Trump's election as the next president of the United States, and Musk played a big role in his election, Tesla's stock price recently surged by more than 25%, and the market capitalization has returned above 1 trillion dollars.
Barron was one of Tesla's early investors, and Baron Capital, which is in charge of it, invested 0.4 billion dollars in the company from 2014 to 2016.
He once revealed that investing in Tesla made him profit of 6 billion dollars. Tesla still accounts for 10% of Barron's stock investment.
In an interview with the financial channel CNBC on Friday, Barron believes that in response to the development of the robotic robot Optimus, Tesla could reach more than 3 trillion dollars, or even 4 trillion or 5 trillion dollars, within 10 years. Therefore, he will not sell his Tesla shares at this stage.
He also revealed that Musk believes Tesla's market capitalization is more likely to be worth 30 trillion dollars.
Tesla closed the market and rose $9.54 to $320.72 on Friday.
Source: 9Share
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$Tesla (TSLA.US)$ damn i coulda saved .08 on my calls
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$Tesla (TSLA.US)$ My mind is blown
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Hey Mooers! ![]()
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Hope you had a good profits from the newly elected president!
Disclaimer: This is based on my opinion and it is not a recommendation to buy or sell. It is for education purpose. Please do your own Due diligence before making a trade!
Index
$Nasdaq Composite Index (.IXIC.US)$
Based on the Nasdaq Rally, we may see more bullish rally by the MAG7. There is a slight chance of pullback to 18700 based on the fair value gap. However there is no cap to the upside ...
Hope you had a good profits from the newly elected president!
Disclaimer: This is based on my opinion and it is not a recommendation to buy or sell. It is for education purpose. Please do your own Due diligence before making a trade!
Index
$Nasdaq Composite Index (.IXIC.US)$
Based on the Nasdaq Rally, we may see more bullish rally by the MAG7. There is a slight chance of pullback to 18700 based on the fair value gap. However there is no cap to the upside ...
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$Tesla (TSLA.US)$ Will the market open lower or higher today? 🥹
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$Hang Seng Index (800000.HK)$ up one day down 5 days. really is pathetic
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The dollar and Asian stocks fell as Biden announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over.
The Bloomberg Dollar Spot Index $USD (USDindex.FX)$Fell 0.2% on Monday, with the Mexican peso rising.
Faced with constant pressure within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November election. The stock markets in Japan and South Korea opened lower, and the Australian stock market weakened. Hong Kong stock index futures held steady.
$Korea Composite Index (.KOSPI.KR)$
$Nikkei 225 (.N225.JP)$
$S&P/ASX 200 (.XJO.AU)$
$Hang Seng Index (800000.HK)$
The question facing investors is whether it is still necessary to stick to Trump's trade since Biden has abandoned his bid for re-election.
The market may experience significant volatility as traders wait to see if He Jinli can win the party's nomination while weighing whether she can gather enough momentum to challenge Trump's current lead in the polls.
"People's subconscious reaction is that this is not good for the US dollar, but it is still too early to draw conclusions," said Olga Yankovskaya, director of emerging market research and strategy at Credit Agricole CIB.
"This largely depends on Hua Jili's initial appearance, the choice of campaign partners, and the reaction of swing state polls."
On the commodity side, crude oil and gold prices rose in early trading.
Biden drops out of the race...
The Bloomberg Dollar Spot Index $USD (USDindex.FX)$Fell 0.2% on Monday, with the Mexican peso rising.
Faced with constant pressure within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November election. The stock markets in Japan and South Korea opened lower, and the Australian stock market weakened. Hong Kong stock index futures held steady.
$Korea Composite Index (.KOSPI.KR)$
$Nikkei 225 (.N225.JP)$
$S&P/ASX 200 (.XJO.AU)$
$Hang Seng Index (800000.HK)$
The question facing investors is whether it is still necessary to stick to Trump's trade since Biden has abandoned his bid for re-election.
The market may experience significant volatility as traders wait to see if He Jinli can win the party's nomination while weighing whether she can gather enough momentum to challenge Trump's current lead in the polls.
"People's subconscious reaction is that this is not good for the US dollar, but it is still too early to draw conclusions," said Olga Yankovskaya, director of emerging market research and strategy at Credit Agricole CIB.
"This largely depends on Hua Jili's initial appearance, the choice of campaign partners, and the reaction of swing state polls."
On the commodity side, crude oil and gold prices rose in early trading.
Biden drops out of the race...
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