Tesla Hits $1 Trillion Valuation on Back of Trump Victory

By Australian National Review Editor – Jamie McIntyre

Elon Musk’s automaker firm leapt above the mark for the first time in two years on Friday trading, bumping 8.2% to $321.22 to cap a gain of $230 billion in the last week.

Analysts believe Musk’s relationship with Donald Trump will expedite efforts to break through regulatory red tape holding up Tesla’s autonomous driving technology, sparking investor confidence that has lined Musk’s pockets.

Original source: https://australiannationalreview.com/state-of-affairs/tesla-hits-1-trillion-valuation-on-back-of-trump-victory/