Tesla hits $1tn market value after Musk-backed Trump win
Car company’s valuation saw sharp rally on growing bets CEO would reap the benefits of his support for president-elect
Tesla’s market value breached the $1tn mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign.
The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1tn valuation for the first time in more than two years.
Continue reading...
Read more at The Guardian
-
Musk's Tesla hits $1T market cap after Trump win
Politics - The Hill - 8 hours ago -
Tesla hits $1 trillion market cap as stock rallies after Trump win
Business - CNBC - 4 hours ago -
Tesla’s market cap hits $1 trillion after another Trump-fueled jump for the stock
Business - MarketWatch - 7 hours ago -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
World - The Guardian - 2 days ago -
Tesla adds close to $150bn in market value on best day in over a decade
World - The Guardian - October 24 -
Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013
Business - CNBC - October 24 -
Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win
Business - CNBC - 2 days ago
More from The Guardian
-
Military officials reportedly discuss how to handle illegal orders from Trump – live
World - The Guardian - 32 minutes ago -
Netanyahu appoints hardline backer of settlements as Israeli envoy to US
World - The Guardian - 4 hours ago -
Astronauts tight-lipped about reason for hospital visit after 235 days in space
World - The Guardian - 3 hours ago -
Anne Hathaway and Zendaya are latest to join Christopher Nolan’s new film
World - The Guardian - 5 hours ago -
Co-founders of militia group convicted of attempting to murder federal agents
World - The Guardian - 1 hour ago
Latest in World
-
Pictures from space show mighty smog choking Lahore
World - Yahoo News - 26 minutes ago -
Middle East latest: Israeli defense minister officially steps down
World - ABC News - 32 minutes ago -
Military officials reportedly discuss how to handle illegal orders from Trump – live
World - The Guardian - 32 minutes ago -
Gunmen kill a navy rear admiral in Mexico, one of the highest-ranking officers slain in a decade
World - Yahoo News - 49 minutes ago -
Thousands of dead seabirds are washing up on Australia’s beaches. Researchers want to know why
World - The Guardian - 57 minutes ago
