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Tesla shares jump 13% as Elon Musk-backed Trump claims victory
short by Mansi Agarwal / on Wednesday, 6 November, 2024
Shares of EV maker Tesla jumped over 13% in premarket trading on Wednesday as Donald Trump claimed victory in the US Presidential elections. Tesla CEO Elon Musk has supported Trump on X and across multiple campaign rallies. Trump earlier said he would let Musk lead a government efficiency commission if he wins the elections.