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How Elon Musk stands to cash in on Trump's presidential victory - TL;DR CNBC

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 muskelectionsdonald j. trumpautosbusiness newspoliticstechnologyvladimir putintesla incbreaking news: politicsxi jinpingventure capital

Source: https://www.cnbc.com/2024/11/07/how-elon-musk-stands-to-cash-in-on-trumps-presidential-victory.html


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