Tesla Soars as Musk’s All-In Bet on Trump Seen Reaping Rewards
Tesla Inc. shares climbed in early trading as investors wager the carmaker run by Elon Musk will be a major beneficiary of Republican nominee Donald Trump nearing a second election to the White House.The Tesla chief executive officer was arguably the most prominent supporter of Trump this election cycle, backing Republicans with more than $130 million in spending. He also was a relentless messenger supporting the GOP and attacking Democrats on X, his social media network.“The biggest positive fr