Market
Will Musk's DOGE initiative receive GOP endorsement by mid-2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official GOP announcements or press releases
Story
Tesla Stock Surges 3% Past $400 Amid Musk's Initiative and Trump's Policies
Dec 9, 2024, 04:51 AM
Tesla Inc.'s stock price surged past $400 per share in overnight trading, marking the first time it has reached this level since January 2022. The stock saw a 3% increase overnight, with some traders referring to the phenomenon as 'pajama traders' driving the surge. The rise in stock value comes amid news of Elon Musk's new DOGE efficiency initiative gaining GOP support and former President Donald Trump promising business-friendly policies, which investors seem to view as positive developments for Tesla.
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Indefinite postponement • 25%
Full support and implementation • 25%
Rejection of proposals • 25%
Partial support and implementation • 25%
No • 50%
Yes • 50%
Partial support with conditions • 25%
No formal decision made • 25%
Full support from GOP leaders • 25%
Rejection by GOP leaders • 25%
John Thune • 25%
Other • 25%
Mike Johnson • 25%
Susan Collins • 25%
Republicans • 25%
Neither • 25%
Both equally • 25%
Democrats • 25%