Tesla stock surges 39 percent following Trump's election victory

Tesla Inc. shares have seen a significant increase, rising by 39% and adding over $300 billion in market capitalization since the November 5 election, following Donald Trump's presidential victory.

Investors are optimistic that a second term for Trump will benefit the electric vehicle manufacturer led by Elon Musk.

On Monday, Tesla's stock experienced a notable surge, reaching a high of $358.64, reflecting the enthusiasm among its supporters.

The rally highlights the strong confidence in Tesla's future prospects in the current political climate.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings