Revenue grew 8% to $6.93 billion for the whole fiscal year; diluted profits per share climbed 20% to $8.45. Comparatively to the previous year, KB Home reported investing $2.84 billion in land purchase and development throughout the year, a 58% increase. These outlays are supposed to help with future expansion.

This increase was attributed to Morgan Stanley raising its price target for Tesla and advancements in its Full Self-Driving (FSD) technology, as highlighted by Tesla enthusiast Gary Black.

The stock market’s Trump-fueled honeymoon has fallen short of inauguration day. While the S&P 500 eked out a gain to start the week, the index remains effectively unchanged from the day before the election.

As of market close on Monday, the S&P 500 was up just 0.92% since Nov. 5 — the day Trump clinched a second term in the White House and set off a stock market rally. S&P 500 futures were up 0.27% early Tuesday,