How Elon Musk stands to cash in on Trump's presidential victory
Publishing timestamp: 2024-11-07 13:00:01
Summary
After investing over $130 million in the pro-Trump campaign, Tesla CEO Elon Musk is set to benefit from Trump's victory, with Tesla shares soaring. Musk's support for Trump could lead to regulatory benefits for his businesses, but also raises concerns about his involvement with sanctioned governments and spreading pro-Kremlin content.
Sentiment: MIXED
Tickers: TSLA,
Keywords: elon musk, elections, donald j. trump, autos, business news, politics, technology, vladimir putin, tesla inc, breaking news: politics, xi jinping, venture capital,
Source: https://www.cnbc.com/2024/11/07/how-elon-musk-stands-to-cash-in-on-trumps-presidential-victory.html