Part 1/8:

Understanding Tesla's Stock Surge and Elon Musk's OpenAI Bid

Tesla stock experienced a surprising 5% increase this morning, leaving many investors puzzled, particularly in light of Elon Musk's recent announcement regarding a potential bid for OpenAI valued at $97 billion. Historically, such commitments have led to decreases in Tesla's stock price; for instance, when Musk seriously pursued acquiring Twitter, Tesla shares fell by as much as 70%. The apprehension over repeating this scenario rises, especially if Tesla stock dips to around $100 again. However, amidst these concerns, some investors have found opportunities for growth in previous downturns, resulting in increased purchases during price drops.