Musk bets on Trump for the harvest season, Tesla's stock price has soared; how can the current surge be understood?

Barclays believes that the rise of Tesla and Bitcoin is driven by a similar logic: both are fueled by investors "crazy buying into the story," which has become disconnected from the fundamentals. Additionally, the frenzied Bid for Call Options after the election has also pushed up Tesla's stock price to some extent.

wallstreetcnDec 19 21:18

Tesla's communication email has been revealed! The Self-Driving Cars fleet may plan to 'invade' the Texas capital.

① Tesla is discussing the launch of its first Self-Driving Cars fleet in Austin as early as next year, and has communicated with the city's special self-driving cars task force since May; ② Tesla intends to join the Austin autonomous vehicle task force to meet safety expectations and train emergency responders; ③ Tesla released the Cybercab prototype without a steering wheel and pedals in October, but the safety of the FSD Software is in doubt.

cls.cnDec 19 23:07

Cathie Wood's Thursday Moves: Dumps Buzzing Stocks Tesla And Palantir

Benzinga5minutes ago

Futu Morning Report | Risk Assets Remain Weak! The Dow Jones ends a 10-day losing streak, while the S&P and Nasdaq have declined for three consecutive days; the USA House of Representatives did not pass the stopgap spending and debt ceiling bill.

The Dow Jones finished slightly higher, ending a 10-day losing streak, while Micron Technology fell over 16%. Intel is reportedly finalizing the shortlist for the next round of bidding for its ALTERA chip Business; Intel is reportedly finalizing the shortlist for the next round of bidding for its ALTERA chip Business.

Futu News08:08

Express News | After having a friendly dinner with Trump, Bezos plans to attend the presidential inauguration.

Breakings07:28

The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.

U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.

wallstreetcn07:26