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Elon Musk Bet the Farm on Donald Trump. Will the Billionaire's Gamble Pay Off for Tesla Stock or Is a Pullback on the Horizon?

By Yahoo! Finance   |   Nov 15, 2024 at 06:29 AM EST
Elon Musk Bet the Farm on Donald Trump. Will the Billionaire's Gamble Pay Off for Tesla Stock or Is a Pullback on the Horizon?

Elon Musk's support for Donald Trump paid off, with Tesla's stock up 23% since Trump's election. Despite potential setbacks, Tesla could benefit from Trump's policies, such as barriers to entry for smaller EV competitors.

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