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CosmicTaco
CosmicTaco
Grapevine

Tesla Surpasses $1 Trillion Market Value Amid Trump Win Optimism

  • Tesla's market value crossed the $1 trillion mark, fueled by optimism over Elon Musk's support for President-elect Donald Trump.
  • The company's shares surged 8.2%, marking the first time in over two years that its valuation exceeded a trillion dollars.
  • Musk's focus on autonomous vehicle technology and potential favorable regulation under Trump's administration are seen as key factors driving the rally.

Source: Reuters

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8mo ago
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