Tesla’s Market Cap Soars to $1 Trillion Following Elon Musk-Backed Trump Election Win
The market capitalization of Tesla surged above $1 trillion on Friday due to increasing speculation that CEO Elon Musk’s firms would be treated favorably in exchange for his backing of President-elect Donald Trump during his campaign. Following a 19.3% gain till Thursday’s close, the electric carmaker’s shares increased more than 6% to a more than … Read more
