Elon Musk's Big Gamble: Will Tesla Stock Plunge if Kamala Harris Wins the Election?
Tesla is a low-margin automaker that trades at the valuation of a disruptive tech company. That's because of its leadership in electric vehicles and Musk's promises around autonomy, but Tesla stock could have a long way to fall if the autonomous transition doesn't pan out, especially after the stock just surged on its third-quarter earnings report.