Tesla and BTC outperformed the S&P 500 after Trump's victory, but valuation issues become more complicated

Since Trump's victory, Tesla and Bitcoin have far outperformed the S&P 500, rising 35% and 39% respectively, while the S&P 500 has only risen 5%. Despite the clear narratives behind each, the valuation issue has become increasingly complicated. Tesla's stock price rise is partly attributed to the possibility that President Trump will abolish the electric vehicle subsidy policy after his election. Tesla, as a leader in the electric vehicle field, may benefit from this, which analyst Dan Ives said would be a major competitive advantage for Tesla. Bitcoin's valuation is more complicated. Although some experts predict that its future price will reach $3.8 million, there are also investors like Warren Buffett who believe that Bitcoin will eventually return to zero. Some analysts warn that investors should be wary of market bubbles. Robert Teeter, chief investment strategist at Silver Peak Asset Management, gave the example that Andy Warhol once transformed everyday objects such as steel wool brushes into works of art and achieved huge appreciation. Therefore, today's investment may also have similar appreciation potential. (Barrons)