Tesla, Inc. (TL0.DE)

CA Gov. Newsom's new EV tax rebate could exclude Tesla

California Governor Gavin Newsom says the state will offer electric vehicle (EV) rebates if President-elect Donald Trump's upcoming administration cuts EV tax credits on the federal level. Bloomberg reports that Tesla (TSLA) would be excluded from these rebates, a move that could be a dig at Tesla CEO Elon Musk, who is set to be part of Trump's Cabinet. Yahoo Finance's Autos Reporter Pras Subramanian joins Julie Hyman and Josh Lipton on Market Domination to break down the news. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

• 
  Rivian gains on reported conditional settlement with Tesla

  Yahoo Finance Video
• 
  Tesla stock lower as UBS says 'animal spirits' rather than fundamentals driving monster rally

  Yahoo Finance

Tesla rally is sentiment-driven, not on fundamental strength: UBS

Tesla (TSLA) shares extend their rally catalyzed by President-elect Donald Trump's reelection after CEO Elon Musk's support of the former President's campaign earned him a proposed Cabinet nomination. Seana Smith and Brad Smith take a closer look at the stock move as UBS analysts warn the electric vehicle maker's jump is driven by animal spirits rather than actual positive fundamentals. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.