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Tesla soars while EV rivals slump as Trump win upends market

Tesla shares jumped as much as 15% Wednesday

Bloomberg NewsbyBloomberg News
November 6, 2024
in Risk Management
Reading Time: 2 mins read
0

Tesla Inc. shares surged as investors wagered Donald Trump’s return to the White House will benefit Elon Musk’s company — even as the rest of the electric-vehicle market faces an increasingly cloudy outlook. The carmaker’s chief executive officer was arguably the most prominent supporter of Republicans this election cycle, backing them with more than $130 […]

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