14:51:41 EST Wed 15 Jan 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Tesla Inc CDRs (CAD Hedged)
Symbol TSLA
Shares Issued 17,550,000
Close 2024-11-12 C$ 29.98
Market Cap C$ 526,149,000
Recent Sedar Documents

FP/wire say Musk's Trump adoration sends Tesla up 42%

2024-11-13 09:18 ET - In the News

The Financial Post reports in its Wednesday edition that Elon Musk's fan club is on a buying spree in some of the most speculative parts of the market, from the joke cryptocurrency Dogecoin to a controversial closed-end fund that counts SpaceX among its key holdings -- all in hopes that Donald Trump's U.S. election win will release more animal spirits. A Bloomberg dispatch to the Post says that Destiny Tech100 Inc., which holds shares of private-market unicorns such as SpaceX and Sam Altman's OpenAI Inc., has already surged roughly 280 per cent over the past week since Mr. Trump recaptured the presidency. The rally triggered multiple volatility halts Monday, and sent its shares up as much as 38 per cent after a 64-per-cent jump Friday. Mr. Musk was one of Mr. Trump's biggest supporters and a key voice during the closing days of the election. Now Mr. Musk's companies are hot properties among the retail investing crowd. Destiny Tech100 gives small traders a way to get a piece of SpaceX. Beyond the closed-end fund, pretty much anything tangentially related to Mr. Musk's vast business empire is catching a bid. Shares of Tesla are up 42 per cent in a week despite Mr. Trump's well-known skepticism of electric vehicles.

© 2025 Canjex Publishing Ltd. All rights reserved.