Tesla shares surge by double-digits on Trump victory after Elon Musk's campaign support
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Tesla shares have surged by double-digits following Donald Trump's victory, with Elon Musk having actively supported Trump's campaign through rallies and significant donations.
November 06, 2024 | 6:15 pm
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Tesla shares have surged significantly following Donald Trump's victory, as Elon Musk actively supported Trump's campaign, including attending rallies and donating to a pro-Trump PAC.
The surge in Tesla's stock price is directly linked to Elon Musk's visible support for Trump, which may have positively influenced investor sentiment. Musk's involvement in the campaign and financial contributions to a pro-Trump PAC likely bolstered confidence in Tesla's future under Trump's policies.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100