Tesla over a trillion dollar: Musk cheers after Trump's election victory!

Tesla over a trillion dollar: Musk cheers after Trump's election victory!

An election victory that makes the markets shake! After Donald Trump's triumphal victory, the Tesla share course scored up and catapulted the market value of the electric car pioneer over the magical border of a trillion dollar-a first time since 2022! Tesla boss Elon Musk, a loud Trump supporter, could soon take on a key role in the US government, possibly to monitor expenses. A scenario that elects investors!

On Friday, the Tesla share rose by more than eight percent to $ 321.22. Since the election date on Tuesday, the course has increased by over a quarter! Musk, the richest person in the world, sees his assets, according to “Forbes”, now increases over $ 300 billion-a large part of it in the form of Tesla shares. A truly impressive comeback for the electric car giant!

challenges for the industry

Despite the course boom, Tesla faces challenges. The demand for electric cars cools down and the industry could experience even more pressure under a Trump government that wants to promote the promotion of oil and natural gas. Analyst Dan Ives from Wedbush Securities, however, sees the future optimistic and believes that Tesla could be considered an exception. Will Musk create the turn and keep Tesla at the top? The next few months will promise to be exciting!