Tesla stock slipped early Thursday despite a big target price bump from a Wall Street bull after realizing huge—and somewhat surprising—postelection gains on Wednesday.Shares of the electric-vehicle maker were down 0.

Donald Trump had said during his campaign that, if he won the White House, he would install Elon Musk at the head of a government efficiency commission to eliminate "trillions" of dollars in wasteful spending.

Elon Musk has arrived. Shares of his electric car-maker Tesla added roughly $100 billion in value when markets opened Wednesday following Donald Trump’s presidential election victory. Musk backed the Republican to the hilt,