Wall Street ends higher
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Tesla, Trump and Musk
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The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Redburn Atlantic upgraded Charles Schwab (SCHW) to Neutral from Sell with a price target of $82,
For months, Tesla shareholders were tormented by Elon Musk’s role in the administration of President Donald Trump. But any relief brought by his formal government exit last week quickly turned to fear as the electric-vehicle maker’s chief executive traded barbs with his former boss.
Year to date, Apple ( AAPL 1.79%) and Tesla ( TSLA 3.85%) have been the two worst-performing "Magnificent Seven" stocks, notching losses of 19% and 15%, respectively. But Wall Street expects Apple shares to rebound in the coming months while Tesla shares fall even further, as detailed below:
US Stock market indexes S&P 50, Dow Jones, Nasdaq on Tuesday performed in green as Tesla share price made tremendous gains.
The relationship between Elon Musk and President Donald Trump appears to have entered a new phase of pronounced tension and public disagreement.