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'Trump trade' takes off: Tesla, Bitcoin and Truth Social boom in election aftermath

By Yahoo! Finance   |   Nov 6, 2024 at 04:21 PM EST
'Trump trade' takes off: Tesla, Bitcoin and Truth Social boom in election aftermath

Following Trump's election win, assets tied to him surged. Trump Media and Technology Group stock rose, as did Tesla shares due to Musk's support. Bitcoin hit an all-time high, with Trump supporting reduced government oversight in the crypto industry.

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