Reported 2 days ago
Elon Musk's recent clash with Donald Trump has highlighted the inherent risks associated with the 'Musk premium' in Tesla's stock, which trades at significantly higher levels than its competitors. Analysts are divided on the significance of this premium, with some suggesting it could halve if Musk were to exit the company. The feud resulted in a dramatic 14% drop in Tesla shares at one point, showcasing how volatile investor sentiment can be tied to Musk's public actions and political statements. Despite a brief recovery, concerns linger about regulatory hurdles that could arise if the relationship between Musk and Trump doesn't improve.
Source: YAHOO