Tesla adds $570 bn in m-cap in under 2 months after Trump's win

Tesla's market capitalisation has jumped by $572 billion to around $1.4 trillion in less than two months, as per Bloomberg data. The EV maker's shares, which were down 2.3% for the year, are up 69% for 2024 since the US Election Day. The rally comes on the back of Tesla CEO Elon Musk's close relationship with US President-elect Donald Trump.