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Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount

  • Investors believe that President Donald Trump will benefit Musk's company by reducing regulations and imposing tariffs on trading partners.
  • Tesla's market value has reached approximately $1.3 trillion, surpassing the combined worth of several major car manufacturers.
  • Dan Ives, a financial analyst at Wedbush Securities, stated, 'This is the most bullish I've ever heard Musk.'
  • Musk envisions a future for Tesla with thousands of robots and driverless vehicles, while Trump has softened his tariffs on China to 10%.
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For Elon Musk fans, it’s the half-billion dollar bet. That’s the amount that has raised Tesla’s stock market value since the presidential election, an unstoppable surge in recent days despite a disappointing financial report that would have sunk the shares of almost any other company. Investors bet that President Donald Trump will help Musk’s company rather than harm it with his plans to remove lots of Washington regulations and apply tariffs to…

·Washington, United States
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Associated Press NewsAssociated Press News
+31 Reposted by 31 other sources
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Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount

NEW YORK (AP) — For Elon Musk fans, it’s the half a trillion-dollar bet.

·United States
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, February 3, 2025.
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