On Monday Eastern Time, expectations of "reciprocal tariffs" slowed, boosting market sentiment, with Tesla rising by 12%, marking its best single-day performance since November 6 of last year. Meanwhile, due to multiple attack incidents involving Tesla in the U.S., the FBI established a dedicated task force on March 24 to investigate and discovered a suspected detonating device at a Tesla showroom in Austin.
On Monday Eastern Time, $Tesla (TSLA.US)$ The stock price rose nearly 12%, achieving the best single-day performance since November 6 of last year (the day after Trump won the election), ending a nine-week losing streak. Despite this, Tesla's stock price is still about 43% lower than its all-time high in December of last year.
On Monday, the Large Cap stocks in the USA generally rose, related to changes in policy expectations. According to China News Service, Trump's 'reciprocal tariffs,' which will be implemented on April 2, may be more 'targeted' than previously expected, boosting market confidence. Reports indicate that tariffs targeting the industrial sector are not expected to be announced on that day, and some countries may be excluded from the tax list. However, media reports suggest that the tariff plan is still subject to change and may see adjustments in the future.
After the announcement, overall market sentiment improved, and on Monday, the Magnificent 7 in Technology saw a rise, with the Nasdaq gaining over 2.2%, benefitting Tesla as well.
Additionally, reports state that due to escalating attacks on Tesla in the USA, the FBI has established a special task force to investigate a series of attacks targeting Tesla as of March 24 local time. Earlier that day, police discovered several suspected 'explosive devices' at a Tesla showroom in Austin, Texas, and the FBI has intervened to assist local police in the investigation.
In recent months, Musk's high-profile involvement in politics and frequent public political statements, as well as his open 'interaction' with Trump, have led to a global consumer backlash against the Tesla brand, resulting in a sharp decline in global sales and significant stock price sell-offs. Numerous acts of vandalism and arson have also occurred at Tesla showrooms and charging stations across multiple locations in the USA and Europe.
Morgan Stanley recently lowered its delivery forecast for Tesla in the first quarter of 2025, expecting a year-on-year decline of more than 9%, due to damage to brand image and intensified Global competition.
Facing internal pressures from the company's stock price collapse, Musk urged employees in a meeting last Thursday to "hold on to the stocks," and stated that the company's flagship model, Model Y, will once again become the "world's best-selling car."
Retail investors are continuously bottom-fishing Tesla. Retail trading data from JPMorgan shows that as of last Thursday, retail investors had net bought Tesla Stocks for 13 consecutive trading days, with a total investment of 8 billion dollars, setting a new high in a decade, but during the same period, Tesla's stock price fell by 17%, and its Market Cap evaporated by more than 155 billion dollars.
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