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Tesla shares rally as investors anticipate growth after Trump victory

Tesla shares rally as investors anticipate growth after Trump victory


Published on 2024-12-13 11:01:31 - MSN
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  • Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103,

Tesla shares experienced a significant rally following Donald Trump's victory in the U.S. presidential election, driven by investor optimism about potential growth under his administration. The article highlights that Trump's pro-business policies, including tax cuts and deregulation, are expected to benefit Tesla, particularly in terms of manufacturing and expansion plans. Investors are betting on a more favorable economic environment for electric vehicle companies, with expectations of increased infrastructure spending and support for domestic manufacturing. Additionally, the anticipation of a more relaxed regulatory environment could expedite Tesla's projects and reduce costs, contributing to the positive market sentiment. However, the article also notes that while there is immediate market enthusiasm, the long-term impact of these policies on Tesla and the broader EV market remains to be seen.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/technology/tech-companies/tesla-shares-rally-as-investors-anticipate-growth-after-trump-victory/ar-AA1vMR1W ]
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