Tesla Rockets 12% After Trump’s Win, Adding over $15B to Elon Musk’s Fortune as He Prepares to Manage a $2 Trillion Initiative

Tesla Rockets 12% After Trump’s Win, Adding over $15B to Elon Musk’s Fortune as He Prepares to Manage a $2 Trillion InitiativeLos Angeles

[{"selector":"#anim-a22d87c4-50e1-41c3-b861-f53c1b7be3bd","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-548ca859-c84d-4b24-b249-267679c2c5cb","keyframes":{"transform":["translate3d(-178.68853%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c4108798-9f2f-46ad-972e-20fc4564cd28","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9da862f3-5219-4e7e-9d1b-1cdd0d8b3d57","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b349e17-e4c8-48a1-a426-fb91a87105ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-783c6269-ec65-4957-aa0b-9af6387fbea5","keyframes":{"transform":["translate3d(0px, 100.27652%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla's stock catapulted on Wednesday by 12% , reaching over $280 per share by 10:10 a.m. EST.

[{"selector":"#anim-01fd4840-5066-4d55-bd99-e9c5f203bb2e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-13aca3fa-3f5f-4c4c-8820-02ed6eb32bc7","keyframes":{"transform":["translate3d(0px, -99.84927%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fa6ccfb-ed2e-465a-bfbd-73840bb300c3","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b8305d46-a10b-4166-a58a-b82d585f525e","keyframes":{"transform":["translate3d(0px, 242.77016%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f112b3d5-4c5d-425e-a115-5a88f2a01fb7","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Tesla's previous record was $273.54, set on October 27, but now a new high has been set. Photo Source- Alpha Photo (CC BY-NC 2.0)

[{"selector":"#anim-f98f86e9-18d6-4f74-b266-140b36c2d7e2","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fe50d301-c36c-4470-b0dc-c71544a3c7a3","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ea85ec1b-e794-4bbe-bab3-b81a851c61a6","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d033b6ef-fd95-47c6-a8f9-4b20b6fc5489","keyframes":{"transform":["translate3d(-178.68853%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d75ab2e-53b2-4674-9666-70e04c01756e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc9f098a-c67f-4dee-9185-169005b4b173","keyframes":{"transform":["translate3d(0px, 100.27652%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a5c3af6-806c-4799-879e-696170ef1564","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The surge added over $15 billion to CEO Elon Musk's net worth, who is at the top of the Bloomberg Billionaires Index. Photo Source- JD Lasica (CC BY 2.0) Photo Source- JD Lasica (CC BY 2.0)

[{"selector":"#anim-abd6504e-4eb9-4fce-a569-7576cd1c4dc1","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b6598e1-91eb-450e-a609-124fea808950","keyframes":{"transform":["translate3d(0px, 242.77016%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec9475c9-307d-4896-9769-82af0e9e5c76","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5bd784b4-2652-41b7-9146-7b08fafc3378","keyframes":{"transform":["translate3d(0px, -99.84927%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7bbcf8d4-b4a3-4003-bc5d-f37380a4d7b1","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Musk's total fortune is now at over $280 billion according to latest estimates. Photo Source- Debbie Rowe (CC BY-SA 3.0)

[{"selector":"#anim-784fb521-0369-4c5a-95c4-bf6ee472ac80","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45cfa755-5c11-4b88-8939-8ae75a92510f","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c10c9f9-72d7-43cf-ab3a-6c49a6b9f673","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e65f8a6-172e-4b43-bd96-270edae328da","keyframes":{"transform":["translate3d(-178.68853%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a08c8f2c-f092-479e-82b6-2060869879bf","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d73a4b7-8d3f-432a-9555-0cdc79b04f1e","keyframes":{"transform":["translate3d(0px, 100.27652%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fc6dc96-7981-498e-848d-c1dc694b3ec1","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The market reaction was heavily influenced by Donald Trump's victory in the 2024 Presidential election. Photo Source- FMT Photo Source- FMT

[{"selector":"#anim-61313f75-a3c5-40f5-a218-531ba0746d26","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63bb83df-f101-4070-8322-880bf309f3da","keyframes":{"transform":["translate3d(0px, 152.77778%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8d618ce5-7297-4736-a004-5b4b8d3a3b8d","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2d70221-a4f7-47f3-b560-af2bf3f68ce8","keyframes":{"transform":["translate3d(0px, -99.84927%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa39bb68-abc2-4fa9-aaa0-2b4bbd1d9ae0","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Musk heavily endorsed Trump throughout the 2024 election, during which the president-elect praised Musk, calling him a genius and new star in his acceptance speech. Photo Source- FMT

[{"selector":"#anim-9a393ee7-6d69-44e9-a78e-a43bc5866224","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-583f7d13-0add-4878-8113-6b48bb2008db","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4426a1f3-2889-4bd8-9376-144f32363ce7","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f1ebd14-ffcb-40ea-a1a1-9df4e5b63cfd","keyframes":{"transform":["translate3d(-178.68853%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f303b4b9-da2a-466a-b417-9bada910c22c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de85e7a2-16bd-44ef-82fd-b69dcfd5696a","keyframes":{"transform":["translate3d(0px, 100.27652%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99dabc78-5caa-4acb-9c7c-8f599ffe0d22","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Musk contributed approximately $118 million to Trump's campaign, making him Trump's second-largest financial backer behind Timothy Mellon. Photo Source- Trump White House Archived Photo Source- Trump White House Archived

[{"selector":"#anim-56779d98-d255-4e3f-9750-3c37757fde25","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-960ddf13-b805-4ece-a0d9-1a1af5f88ffa","keyframes":{"transform":["translate3d(0px, 152.77778%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-deef638c-7a17-45c6-aaca-62face7b9d58","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d9f40553-c031-4f84-9093-3d0a1e8adc18","keyframes":{"transform":["translate3d(0px, -99.84927%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45fa2485-bb97-481f-b82b-506d50cdb5ed","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Musk also made multiple appearances at rallies and also conducted a voter outreach program that distributed $1 million in swing states. Photo Source- FMT

[{"selector":"#anim-9f1518ef-98ff-482a-adfe-f3647e560512","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1540336-0744-44bd-89a2-c51061a9ac16","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4909146b-bf1e-4229-99ad-e331df85be1c","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79c31e7b-d90e-4e3b-9bf2-92b41d21611f","keyframes":{"transform":["translate3d(-178.68853%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc84b327-5594-477b-a3cf-3efbd56d2965","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-44260e55-8e91-4aad-9cc2-90102c9a944e","keyframes":{"transform":["translate3d(0px, 100.27652%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a1e9d95-010a-4107-853b-cd2a70b54e4f","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Tesla trading reached $272 per share in overnight trading on Robinhood's platform, while Nasdaq late trading recorded a 2.9% increase to $258.70. Photo Source- Ivan Radic (CC BY 2.0) Photo Source- Ivan Radic (CC BY 2.0)

[{"selector":"#anim-4fa87d12-3501-47eb-85de-683817416334","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8fc8fb20-efe4-47f8-a2b9-518b8be67a8f","keyframes":{"transform":["translate3d(0px, 190.56161%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e8921242-8782-4a54-9f87-386c03b83f33","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bda13590-7b32-49af-8437-30bb76cc6461","keyframes":{"transform":["translate3d(0px, -99.84927%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-67caf0f0-d428-47d5-bd85-599d00d02dd8","keyframes":{"opacity":[0,1]},"delay":1000,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] An investigation by The Wall Street Journal revealed Musk's financial support for Republican causes began flowing quietly in 2022. Photo Source- Lennon Ying-Dah Wong (CC BY-NC-ND 2.0)

[{"selector":"#anim-b6dbfae0-e18e-4676-8efd-7b596fb1eea1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1833bb36-86cb-4ef9-8b88-89134802842c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-86482d5e-bf27-4f95-a6f1-81a3b7a7ac51","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-4c07db95-1c73-4dee-82bd-5437c6cad880","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn more

Tesla Rockets 12% After Trump’s Win, Adding over $15B to Elon Musk’s Fortune as He Prepares to Manage a $2 Trillion InitiativeLos Angeles

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