Elon Musk, Tesla, Technology, Donald Trump, US news Business | The Guardian
Car company’s valuation saw sharp rally on growing bets CEO would reap the benefits of his support for president-electTesla’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…
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.
