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Stock impact report

Tesla's ‘Musk Premium' in Focus With SpaceX IPO on the Horizon [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
The electric-vehicle maker's shares, which hit their first record of the year on Tuesday, are up roughly 20% in the last four weeks. Since tumbling to a low on April 8 during the height of panic over the Trump administration's tariffs, the stock has soared 111%, putting it among the 20 best performers in the S&P 500 Index. Most Read from Bloomberg Hudson Tunnel Digging Work to Start as Boring Machines Ready NYC High Line-Area Building Floats $53 Million Bankruptcy Sale How This Chameleon UK Location Became a Little-Known Hollywood Backdrop New York Says Cab, Rideshare Insurance Rates to Rise 25% New York Utility Says Queue for Large Power Users Has Tripled The rally is a testament to Wall Street's faith in Musk's artificial intelligence ambitions, particularly since Tesla's core auto business is struggling. But it has also made Tesla shares extremely expensive. At 214 times earnings over the next 12 months, the stock has the second highest valuation in the S&P 500, trai Show less Read more
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