Tesla Rockets to $1 Trillion Market Cap as Musk’s Trump Endorsement Sparks Investor Optimism

Tesla has once again made headlines as its market valuation surged past $1 trillion. Here’s a breakdown:

  • Trump Endorsement: Elon Musk’s open support of Donald Trump’s campaign spurred renewed investor confidence, with expectations of favorable policy changes for Tesla if Trump returns to office.

  • Market Reaction: Tesla's stock spiked by over 8% following the endorsement, adding billions to its valuation.

  • Industry Impact: This milestone places Tesla among tech giants like Apple and Amazon, reinforcing its dominance in the EV sector.

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