Reported about 16 hours ago
Elon Musk and Tesla's shareholders have experienced a significant financial boost, particularly following the 2024 election, during which Musk's wealth surged by $111 billion, largely attributed to his association with Donald Trump. Tesla's stock saw a remarkable recovery in 2023 after a steep decline in 2022, contributing to Musk's total wealth increase from $229 billion to $432 billion by the end of 2024. This article explores the ramifications of Musk's political ties and the broader implications for investors amidst fluctuating stock market conditions.
Source: YAHOO