Tesla (NASDAQ: TSLA) spent most of 2024 in the red — however, the last quarter of the year brought a significant change of fortune to the carmaker. On October 23, the electric vehicle (EV) maker released its Q3 2024 earnings call and outperformed consensus analyst estimates. In addition, CEO Elon Musk’s growing alliance with Donald Trump, who ended up winning the 2024 U.S. presidential election, proved to be a strong tailwind for Tesla stock. At the beginning of the year, the price of a single TSLA share wa ...