Reported 16 days ago
Tesla achieved a trillion-dollar market valuation for the first time since April 2022, with its stock soaring 27% following Donald Trump's election win. This surge significantly increased Elon Musk's net worth to about $300 billion. Analysts believe that while the electric vehicle sector may face challenges under Trump, Tesla's strong position could give it a competitive edge, especially in a potential withdrawal of federal subsidies.
Source: YAHOO