STOXPO
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
STOXPO
No Result
View All Result
Home Consumer Cyclical Auto Manufacturers
tesla-2

Tesla Stock Gains Amid EV Sales Growth and TikTok Speculation

byLiliana Vida
January 14, 2025
in Auto Manufacturers, Mega-Cap
Reading Time: 2 mins read
Share on TwitterShare on LinkedIn

Global EV Sales and Potential TikTok Deal Boost Investor Optimism

Tesla (TSLA) shares rose over 3% on Tuesday, fueled by encouraging electric vehicle (EV) sales data and reports that Chinese authorities may allow Elon Musk to purchase the U.S. operations of TikTok.

According to Bloomberg and The Wall Street Journal, Chinese officials have discussed selling TikTok’s U.S. unit, owned by ByteDance, to Musk. This move would serve as a contingency plan ahead of a January 19 deadline for TikTok to divest or face a potential U.S. ban. A TikTok spokesperson dismissed the reports as “pure fiction.”

The stock’s momentum builds on Monday’s gains, where Tesla shares climbed over 2% in late trading. Supporting this bullish trend, research firm Rho Motion reported a 25.6% year-on-year increase in global sales of fully electric and plug-in hybrid vehicles, reaching 1.9 million units in December. Despite a slight slowdown in monthly growth, 2024 marked a record year with 17.1 million EVs sold worldwide.

Morgan Stanley analyst Adam Jonas further fueled optimism with an updated note on Tesla. Jonas raised his 12-month price target from $400 to $430, while suggesting a potential bull case of $800 per share. “Tesla’s share price appreciation reflects its expanding influence across data collection, robotics, energy storage, AI, and manufacturing, leveraging synergies with Elon Musk’s other companies like SpaceX and xAI,” Jonas stated.

Tuesday’s rally comes as Tesla’s stock remains approximately 13% below its all-time high of $479.86, reached in mid-December. However, recent gains represent a reversal from broader tech sector declines caused by tempered expectations for Federal Reserve rate cuts.

Tesla’s continued innovation and Musk’s diverse ventures have reinforced the company’s appeal to investors seeking exposure to transformative technologies. With robust EV sales and speculation around Musk’s expanding influence, Tesla remains a focal point in the market.

You might like this article:AMD Stock Poised for a 50% Rally, Says Loop Capital

Tags: EVsGrowthMoversNewsteslaTSLA
Previous Post

AMD Stock Poised for a 50% Rally, Says Loop Capital

Next Post

Nvidia CEO Jensen Huang to Skip Trump Inauguration Amid Regulatory Challenges

Related Posts

ai

Quantum Computing Stocks Soar After Nvidia CEO’s Bullish Outlook

byLuca Blaumann
June 11, 2025
0

Jensen Huang’s optimistic timeline sparks investor enthusiasm, sending shares of QUBT, Rigetti, and IonQ sharply higher Quantum computing stocks surged...

Revolutionizing the Barista Experience: Starbucks Rolls Out Generative AI Assistant

byLuca Blaumann
June 10, 2025
0

"Green Dot Assist" aims to boost efficiency, simplify operations, and personalize service as Starbucks embraces AI technology in partnership with...

tesla

Tesla Rebounds After $150B Sell-Off as Musk-Trump Feud Shows Signs of Easing

byLuca Blaumann
June 6, 2025
0

Stock climbs nearly 7% following reports of potential deescalation and White House support for Musk's controversial efficiency push Tesla (TSLA)...

Next Post

Nvidia CEO Jensen Huang to Skip Trump Inauguration Amid Regulatory Challenges

Latest News

Lloyd Financial CEO & CIO Sees Golden Opportunity in Treasuries and Utilities Amid AI-Driven Deflation

Defense Stocks Rally as Middle East Tensions Escalate Following Israeli Airstrikes

Oracle Soars on Cloud Optimism and AI Momentum

Micron to Invest $30 Billion More in U.S. Semiconductor Expansion

Quantum Computing Stocks Soar After Nvidia CEO’s Bullish Outlook

Based on Your Interest

Mega-Cap

Revolutionizing the Barista Experience: Starbucks Rolls Out Generative AI Assistant

June 10, 2025
warehouse-2
Electrical Equipment

Ideal Power Signs Strategic Distribution Deal With Kaimei Electronic Corp

June 10, 2025
Brokerages

Circle Stock Soars 300% Post-IPO as Crypto Momentum Accelerates

June 9, 2025

Recommended

Large-Cap

IonQ Expands Quantum Ambitions with $1.08B Acquisition and Breakthrough Drug Simulation

June 9, 2025
Auto Manufacturers

Tesla Rebounds After $150B Sell-Off as Musk-Trump Feud Shows Signs of Easing

June 6, 2025
Mega-Cap

Broadcom Posts Record Q2 Revenue and Cash Flow on Soaring AI Demand

June 5, 2025
Mega-Cap

Lululemon Delivers Strong Q1 Growth, Driven by International Sales Surge

June 5, 2025
IT Services

AMD Acquires Brium to Bolster AI Software Capabilities

June 5, 2025
Stoxpo

Follow us on social media:

Highlights

  • Lloyd Financial CEO & CIO Sees Golden Opportunity in Treasuries and Utilities Amid AI-Driven Deflation
  • Defense Stocks Rally as Middle East Tensions Escalate Following Israeli Airstrikes
  • Oracle Soars on Cloud Optimism and AI Momentum
  • Micron to Invest $30 Billion More in U.S. Semiconductor Expansion
  • Quantum Computing Stocks Soar After Nvidia CEO’s Bullish Outlook

Category

  • Blog
  • Communication Services
    • Entertainment
    • Internet
    • Telecommunications
  • Companies
    • Large-Cap
    • Mega-Cap
    • Micro-Cap
    • Mid-Cap
    • Small-Cap
  • Consumer Cyclical
    • Auto Manufacturers
    • Casinos & Gambling
    • Ground Transportation
    • Hospitality
      • Casinp
      • Resorts & Lodging
      • Restaurants
      • Travel
        • Airlines
    • Retail
    • Textiles, Apparel & Luxury Goods
  • Consumer Defensive
    • Beverages
    • Discount Stores
    • Distributor
    • Ecommerece
    • Electrical Equipment
    • Foods
    • Household & Personal Products
    • Leisure Products
    • Tobacco
  • Contributions
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Economy
  • Energy
    • Electric
    • Oil & Gas
    • Renewables
  • Financial Services
    • Asset Management
    • Banks
    • Brokerages
    • Credit Services
    • Insurance
  • Healthcare
    • Biotechnology
    • Medical Devices
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Construction
    • Industrial Machinery
  • Materials
    • Building Materials
    • Chemicals
    • Gold
    • Mining
    • Silver
    • Steel
  • Q&A's
  • Real Estate
  • Technology
    • Artificial Intelligence
    • Computer Hardware
    • Consumer Electronics
    • Cybersecurity
    • IT Services
    • Semiconductors
    • Software
  • Utilities

Latest News

Lloyd Financial CEO & CIO Sees Golden Opportunity in Treasuries and Utilities Amid AI-Driven Deflation

June 13, 2025

Defense Stocks Rally as Middle East Tensions Escalate Following Israeli Airstrikes

June 13, 2025
code-3

Oracle Soars on Cloud Optimism and AI Momentum

June 12, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

No Result
View All Result
  • Latest News
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Technology
    • Software
    • Semiconductors
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions

© 2024 All Rights Reserved: STOXPO.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information

Accept Cookie Settings
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Always Active
    Necessary
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
Cookie Settings

Do you really wish to opt-out?