Trump Backs Tesla, Wedbush Sees Minimal Sales Impact: TSLA Jumps 5% 

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Tesla Stock Jumps 5% - Is the Trump Bump Back?

Tesla stock saw a 5% jump today, defying a down market. This surge follows a statement of support from former President Trump and a bullish outlook from Wedbush. Wedbush maintains a $550 price target, projecting a potential 135% upside. They downplay the impact of any potential boycotts, viewing them as a less than 5% risk to global sales.

This raises several questions. Is this the beginning of another Trump-fueled rally for Tesla? Or is this merely a temporary blip in a volatile market? Wedbush seems convinced the Trump connection is a net positive for Tesla. Do you agree? How much weight should be given to political endorsements when evaluating a stock like Tesla?

What are your thoughts on Wedbushs assessment of the boycott risk? Is 5% too low, too high, or just right? Could the political landscape significantly impact Teslas sales moving forward?

This situation highlights the increasingly complex intersection of politics and investing. Where do you draw the line? Does a company’s association with a political figure influence your investment decisions? Lets discuss. Share your perspectives and predictions for Tesla in this evolving landscape.

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