Tesla recently surged past the $1 trillion market cap, driven by robust investor confidence and positive market factors, including speculation surrounding a potential Trump win in the upcoming U.S. election. Investors believe a Trump administration may favor Tesla specifically, even as it could pose challenges to the broader EV sector.
Source:- bbc news
Analyst Dan Ives of Wedbush Securities suggests this scenario could increase Tesla’s valuation to between $1 trillion and $1.5 trillion, especially if Trump’s policies enable faster regulatory approvals for Tesla’s autonomous vehicle ambitions
Source:- news 18
Additionally, the recent news of Hertz ordering 100,000 Tesla Model 3s for its rental fleet fueled optimism and market momentum, helping Tesla reach this historic milestone alongside other tech giants like Apple and Microsoft. CEO Elon Musk’s net worth has also surged as Tesla shares continue to rise, making him the world’s wealthiest individual
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