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The Independent UK

World

Bernard Condon

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

Elon Musk Tesla Inc. Donald Trump United States Sean Duffy BMW

Musk Tesla Big Risks - (Copyright 2024 The Associated Press. All rights reserved.)

For Elon Musk fans, it’s the half a trillion-dollar bet.

That is how much the stock market value of Tesla has rocketed since the presidential election, a vertiginous climb uninterrupted in recent days despite a disappointing financial report that would have sunk the stock of nearly any other company.

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