Tesla value to add $110bn as Musk seen reaping rewards of Trump win
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Tesla Inc (NASDAQ:TSLA) shares surged over 14% in pre-market trading after Donald Trump's presidential election victory. Elon Musk's support for Trump has led to speculation that Tesla will benefit from the new administration.
November 06, 2024 | 11:30 am
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Tesla shares increased by over 14% in pre-market trading following Donald Trump's election win. Elon Musk's support for Trump suggests potential benefits for Tesla under the new administration.
The significant pre-market increase in Tesla's stock price is directly linked to Trump's election victory, which is perceived as beneficial for Tesla due to Musk's support for Trump. This suggests a positive short-term impact on Tesla's stock price.
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