Elon Musk’s ‘animal spirits,’ Apple misses out, and SpaceX to the moon: Tech news roundup

Tesla CEO Elon Musk at a rally for President-elect Donald Trump last month.

Photo: Anna Moneymaker (Getty Images)

Tesla (TSLA) shares have surged on investor optimism that President-elect Donald Trump will bring forward policies that benefit his ally, CEO Elon Musk. But those gains are entirely based on momentum, not any changes to the company’s fundamentals, UBS (UBS) analysts warned on Monday.

Elon Musk’s ‘animal spirits,’ Apple misses out, and SpaceX to the moon: Tech news roundup

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