$Tesla (TSLA.US)$Tesla Rose Over 14% After Trump Wins, Can W...

$Tesla (TSLA.US)$ Tesla Rose Over 14% After Trump Wins, Can We Reach and Break $300
The Fed is expected to cut interest rates today

In a dramatic turn of events on Wall Street, shares of Tesla $Tesla (TSLA.US)$ surged more than 14% in the wake of Donald Trump's victory in the 2024 U.S. Presidential Election. The electric vehicle manufacturer, led by CEO Elon Musk, a vocal supporter of Trump, saw its stock price soar as investors reacted positively to the election outcome.
· Regulatory Optimism: Investors anticipate a more deregulated environment under Trump, which could benefit Tesla's operations, especially regarding automotive regulations and environmental policies.
· Economic Policies: Trump's proposed tax cuts and infrastructure spending are expected to stimulate economic growth, potentially increasing demand for electric vehicles.
· Musk's Political Influence: With Elon Musk's endorsement and his significant influence in the tech and automotive sectors, there's an expectation that Tesla might receive favourable considerations or policies.
· Market Sentiment: The general market uplift following the election, driven by expectations of lower corporate taxes and business-friendly policies, lifted stocks across various sectors, including Tesla.