Republican candidate Donald Trump claimed victory in the 2024 U.S. presidential election after Fox News projected that he had defeated his Democratic rival Kamala Harris. Control of the U.S. Senate shifted to Republicans, Fox News projected.The Associated Press called that the former president secured North Carolina, Georgia, and Pennsylvania — three critical swing states. Dow, S&P, Nasdaq futures jumped on the expected Trump victory. All states have now closed their respective polling stations. So far, the ...

Tesla stock surged 12% in premarket trading following Trump's election victory.Elon Musk has been an outspoken supporter of Trump, spending months campaigning for him.Musk's big bet on Trump has boosted analysts' confidence in Tesla's future prospects. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed w ...

KEY TAKEAWAYSShares of Tesla are jumping as much as 14% in premarket trading Wednesday on investor bets that the electric vehicle (EV) maker run by Elon Musk will be a major beneficiary of Donald Trump’s return to the presidency.Tesla CEO Musk, an outspoken Trump backer, is expected to become a prominent adviser to the president and has been constantly tweeting his support.Tesla's prospects under a Trump presidency are less clear-cut given Trump's pro-tariff stance that may hit China sales and less green-fo ...

ToplineShares of Tesla surged by 12% in premarket trading Wednesday morning, sending the company’s stock toward a new record after Donald Trump was reelected as president, while analysts signaled a Trump victory would likely benefit Elon Musk’s firm.Trump praised Elon Musk as a “super genius” for his support throughout his campaign.Copyright 2024 The Associated Press. All rights reserved. Key FactsTesla’s shares rose to over $283 as of around 7:10 a.m. EST, marking what would be a new record for the stock, ...

With Donald Trump reclaiming the White House for a second term, a Wall Street analyst has noted that the win could be bullish for Tesla (NASDAQ: TSLA).Tesla is particularly a key area of focus for Wall Street, given CEO Elon Musk’s role in the Republican candidate’s reelection campaign.In this case, Wedbush Securities analyst Dan Ives has revised his outlook for Tesla, forecasting a potential increase in the automaker’s stock price due to specific advantages the company may gain under the new administration ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania.Shares of Tesla surged overnight as investors bet a potential Donald Trump election victory would benefit major backer and CEO of the carmaker, Elon Musk.Tesla shares jumped 8% in overnight trading on Robinhood brokerage platform. Last month, Musk donated almost $75 million to America PAC, which is the super political action commi ...

LAS VEGAS, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Unplugged Performance, through its UP.FIT division, is set to make a groundbreaking debut at SEMA 2024 by unveiling the nation’s first Tesla Model S Plaid specifically designed for law enforcement applications. The “UP.FIT Tesla Model S Plaid Pursuit” is the latest innovation in Unplugged Performance’s lineup of specialized vehicles, tailored to meet the high-performance needs of first responders. Built on the powerful Tesla Model S Plaid platform, the UP.FIT Pl ...

Tesla has criticized the US government's plans to ban Chinese software from US cars.In a regulatory filing, the automaker said the new rules would add "unneeded regulatory burdens."President Joe Biden announced plans to ban Chinese software after clamping down on China's EV giants. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite t ...

After reporting impressive results for Q3 2024, Tesla (NASDAQ: TSLA) was on track to claim the $300 mark, but the share price has since retraced.Despite the stock’s decline, $300 remains a key target for the electric vehicle manufacturer as it navigates the rollout of new technologies and products.At the close of the last trading session, TSLA was valued at $242.84, dropping almost 2.5% for the day. Over the past week, the share price has plunged more than 8%, marking a five-day losing streak. With these ex ...