Tesla back in trillion-dollar club after Trump win

Hanno Labuschagne

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Tesla back in trillion-dollar club after Trump win

A breakneck rally in Tesla Inc. shares on Friday catapulted the electric vehicle maker’s market value back over the coveted trillion-dollar mark, as investors bet that Donald Trump’s return to the White House can be a positive force for Elon Musk’s company.

Shares of the company closed up 8.2% at $321.22 Friday, taking their gains this year to 29%, and Tesla’s market value to about $1.03 trillion.

[Bloomberg]
 
No man, just one wing.

Musk played a good one on this. The question, though, is whether it was a good move overall. Trump is one unstable dude... I would play a game of wait and see with this guy.
Long term? Probably not. Trump hates renewable energy and EVs.
 
Elon will make a shyte-ton of money off Trump - seeing as he spent prob billions toward his Campaign!
 
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