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The Score: Brown Forman, Tesla, Southwest Airlines and More Stocks That Defined the Week - WSJ

1. TSLA shares rose 3.8% after Trump expressed support for Musk. 2. Elon Musk's firm lost 15% on a bad trading day recently. 3. Trump's photo-op with Tesla boosted market sentiment for the stock. 4. Concerns over Musk's involvement in politics are affecting TSLA's valuation. 5. Tariffs primarily impact the alcohol sector, indirectly benefiting TSLA.

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FAQ

Why Bullish?

Trump's public endorsement stabilized TSLA after significant declines, indicating market support. Historical examples show political endorsements can influence stock prices positively.

How important is it?

Trump's endorsement signifies potential political support, influencing trader sentiment and TSLA's market performance in the current political climate.

Why Short Term?

The boost from Trump's comments may provide immediate short-term relief, but sustained gains depend on sales performance and market conditions.

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