Tesla's stock price rose 13% before the US stock market on November 6th, to $284.58 per share.
On the news front, US Republican presidential candidate Trump announced in the early morning of the 6th that he would win the 2024 presidential election. In a speech to supporters, Trump mentioned that we have a rising star - Elon Musk, who is truly amazing.
In addition, on November 6th, Tesla's stock rose 14.9% on the Frankfurt market.
Tesla CEO Elon Musk can be said to be Trump's most prominent supporter in this election, with over $130 million in support for the Republican Party and tirelessly supporting the Republican Party and attacking the Democratic Party on his social media network X.
Daniel Ives, an analyst at Wedbush Securities, wrote in a report that "the biggest advantage of Trump's victory will be Tesla and Musk." He said that if the United States reduces tax incentives for electric vehicles, Tesla will have a competitive advantage over other manufacturers.