Tesla's stock surge is being driven by 'animal spirits,' UBS says
Gabriel Negreanu
Tesla shares have surged on investor optimism that President-elect Donald Trump will bring forward policies that benefit his ally, CEO Elon Musk. But those gains are entirely based on momentum, not any changes to the company’s fundamentals, UBS analysts warned on Monday. Suggested Reading Warren Buffett on his 'lucky streak' that began with 'my birth in the U.S. as a white male' Marc Benioff says AI's future is all about agents, not chatbots Bitcoin is inching closer to $100,000. Will this be
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