Tesla hits $1 trillion market cap as stock rallies after Trump win

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Tesla’s market cap hits $1 trillion after another Trump-fueled jump for the stock

Tesla Inc.’s market valuation hit $1 trillion on Friday, after a post-election rally lifted the electric-vehicle maker’s stock by more than 25% on hopes the incoming Trump administration could benefit the company while hampering its EV competitors.

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S&P 500 Breaks 6,000 Points, Dow Soars Above 44,000, Small Caps Eye Strongest Week In 4 Years, Tesla Hits $1 Trillion: What's Driving Markets Friday? - Overpasses For America

wild week in the market. Tesla Inc. (NASDAQ:TSLA) surged 7%, pushing its weekly gains beyond 27% and propelling its market cap past $1 trillion. cut to 4.5%-4.75%. Bitcoin (CRYPTO: BTC) edged up 0.8%, extending its weekly gains to over 11%, marking its best week since July. Major Indices Price 1-day %chg Updated at 1:05 p.m. ET According to Benzinga Pro data: SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.4% to $598.17. SPDR Dow Jones In…

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Tesla accelerates on the Stock Exchange with Donald Trump’s overwhelming victory in the U.S. presidential elections. His boss and first shareholder, Elon Musk, has turned to the top in the election campaign of the President-elect and is perceived as one of the great beneficiaries of his victory at the polls. He has a bit of a paradox, because until recently Trump ridiculed electric cars and is a fervent supporter of fossil energies. Still, a mor…

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Tesla (TSLA) valuation surges to equal next 10 biggest automakers over Trump/Musk relationship

Tesla’s stock (TSLA) has surged to a $1 trillion valuation – seemingly over the assumption that the Trump and Musk...

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Tesla is part of the trillion-dollar club again

Tesla shares have popped since the U.S. election as investors bet that a Trump presidency will benefit the automaker led by ally Elon Musk. Tesla's shares

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Tesla's market value exceeded trillion dollars in a sharp upturn on Friday, in the face of growing bets for favorable treatment for Elon Musk's companies in exchange for their support for President-elect Donald Trump in his campaign.The electrical automaker's actions scaled more than 6% to a maximum of more than two years of $315.56, after having shot 19.3% until Thursday's close. The company crossed the trillion dollars worth of valuation for t…