Tesla Shares Skyrocket Amid Trump Election Momentum

1 min read
Source: Fortune
Tesla Shares Skyrocket Amid Trump Election Momentum
Photo: Fortune
TL;DR Summary

Tesla shares surged over 8% in after-hours trading as Donald Trump's potential election victory seemed more likely, despite his stance against green energy. Elon Musk, a prominent Trump supporter, has donated significantly to Trump's campaign, which may be influencing Tesla's stock performance. Musk's political involvement includes forming a super PAC and promising government efficiency reforms if Trump wins. Meanwhile, U.S. stock futures and Bitcoin also saw gains amid election-related market volatility.

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