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Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news. – Vested Daily

Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.

https://images.mktw.net/im-01774888

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So long to the “Trump bump,” as Tesla’s stock is now trading below where it was before the election, as another month of bad sales data from China helped trigger the latest selloff.

Wall Street had believed Tesla investors would be among the

biggest beneficiaries of a Donald Trump presidency, especially since Chief Executive Elon Musk provided hundreds of millions of dollars in support before the November election.

This post was originally published on Market Watch

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