Donald Trump's stock, linked to his Truth Social platform, has surged dramatically as investors bet on his election victory, with prices soaring from $12.15 to over $52 in just two weeks. This speculative trading reflects the intense election sentiment, with experts warning that a defeat could lead to a significant drop in value. As election day approaches, the stock's movements are closely tied to public perception of Trump's chances, making it a focal point for gamblers and investors alike.
Tesla investors are increasingly concerned about CEO Elon Musk's political activities, particularly his support for Donald Trump, which some believe may be harming the company's sales and brand integrity. Questions have arisen regarding the board's role in mitigating potential impacts on shareholder value, as Musk's political commentary has reportedly affected delivery numbers. Meanwhile, Tesla's brand value has declined, and shares are down 14% this year, reflecting broader market challenges and Musk's controversial engagement in politics.
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