Reported 15 days ago
Tesla's market capitalization has surged past $1 trillion, driven by CEO Elon Musk's backing of President-elect Donald Trump, resulting in a significant rally of Tesla's stock. Analysts, including Dan Ives and Gene Munster, hailed this as a pivotal moment, suggesting that Tesla's potential in the autonomous sector could further boost its value. Following Trump's victory, Tesla shares saw a notable increase, reinforcing optimism among investors regarding the automaker's future.
Source: YAHOO