{"id":138427,"date":"2024-11-07T18:00:00","date_gmt":"2024-11-07T12:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=138427"},"modified":"2025-04-16T10:49:22","modified_gmt":"2025-04-16T05:19:22","slug":"how-will-elon-musk-benefit-from-trumps-victory","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/how-will-elon-musk-benefit-from-trumps-victory\/","title":{"rendered":"How will Elon Musk benefit from Trump\u2019s Victory?\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-627304883\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Elon Musk donated over $119 million to a pro-Trump political group and actively supported the former president during the crucial final phase of his campaign against Kamala Harris.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-831823036\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Musk&#8217;s business interests ranging from Tesla electric vehicles to SpaceX rockets and Neuralink brain chips are heavily influenced by government regulation, subsidies, and policy. A Trump victory is expected to benefit Musk&#8217;s ventures by potentially easing regulations and securing favorable policies for his companies.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price Movement&nbsp;<\/strong><\/h2><p>During Wednesday\u2019s trading session, the share price of Tesla Inc surged 14.75 percent to $288.53 per share, from its previous close of $251.44 per share. Over the past six months, the stock has provided a remarkable return of over 60 percent.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Benefit for Tesla&nbsp;<\/strong><\/h2><p>Tesla shares surged following Donald Trump\u2019s victory in the U.S. presidential election, as traders became more optimistic about the company&#8217;s future. The strong relationship between Trump and Tesla CEO <a href=\"https:\/\/comparebrokers.co\/compare\/elon-musk-stock-portfolio\" target=\"_blank\" rel=\"noreferrer noopener\">Elon Musk<\/a> has driven this optimism.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-3549617852\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Trump\u2019s win could lead to fewer regulations on self-driving cars, which would help Tesla advance projects like Cybercabs and Robovans. While Democrats have traditionally supported green technologies, Musk\u2019s increasing involvement in politics could make a difference. He may even take on a role to lead the new Department of Government Efficiency, or DOGE, named after his favorite Dogecoin. Musk stated, \u201cI\u2019m ready to serve America if the opportunity arises. No pay, no title, no recognition needed.\u201d&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Chinese Competition&nbsp;<\/strong><\/h2><p>Tesla stands to benefit under a Trump administration, with reduced subsidies for electric vehicles likely harming smaller competitors. Trump&#8217;s proposed tariffs on Chinese imports would limit the sale of Chinese-made EVs in the U.S., strengthening Tesla\u2019s market dominance. Tesla currently holds a 48.9 percent share of U.S. EV sales as of mid-2024.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Benefit for SpaceX&nbsp;<\/strong><\/h2><p>A Trump victory in the upcoming elections could provide significant advantages for Elon Musk&#8217;s SpaceX, with the potential for more lenient regulations. Musk\u2019s companies already enjoy reduced regulatory scrutiny, and federal agencies, particularly NASA, have heavily relied on SpaceX for missions like the rescue of Boeing\u2019s Starliner astronauts.&nbsp;<\/p><p>With over $15 billion invested by NASA, SpaceX\u2019s prominence could increase further under a Trump administration.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance&nbsp;<\/strong><\/h2><p>In Q3 2024, Tesla generated $25.18 billion in revenue, marking an 8 percent rise compared to the previous year&#8217;s revenue of $23.35 billion, fueled by higher vehicle deliveries and energy services growth.<\/p><p>Net profit climbed to $2.17 billion, a 17 percent YoY increase, with adjusted earnings per share reaching $0.72. Although revenue missed expectations, strong profitability was supported by substantial carbon credit sales of $739 million.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-1008183924\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong><em>Written by &#8211; Siddesh S Raskar&nbsp;<\/em><\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-2559980054\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Elon Musk donated over $119 million to a pro-Trump political group and actively supported the former president during the crucial final phase of his campaign against Kamala Harris.&nbsp; Musk&#8217;s business interests ranging from Tesla electric vehicles to SpaceX rockets and Neuralink brain chips are heavily influenced by government regulation, subsidies, and policy. A Trump victory [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":38153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,23670],"tags":[49,24382,948,936,2597,24098,24383,24385,24384],"class_list":["post-138427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world-markets","tag-elon-musk","tag-elon-musk-benefit-from-trumps-victory","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-trump","tag-us-market","tag-us-market-latest-newsnews","tag-us-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How will Elon Musk benefit from Trump\u2019s Victory?\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Elon Musk donated over $119 million to a pro-Trump political group and actively supported the former president during the crucial final phase of his campaign against Kamala Harris.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/how-will-elon-musk-benefit-from-trumps-victory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How will Elon Musk benefit from Trump\u2019s Victory?\u00a0\" \/>\n<meta property=\"og:description\" content=\"Elon Musk donated over $119 million to a pro-Trump political group and actively supported the former president during the crucial final phase of his campaign against Kamala Harris.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/how-will-elon-musk-benefit-from-trumps-victory\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-07T12:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-16T05:19:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/Elon-Musk-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/how-will-elon-musk-benefit-from-trumps-victory\/\",\"url\":\"https:\/\/tradebrains.in\/features\/how-will-elon-musk-benefit-from-trumps-victory\/\",\"name\":\"How will Elon Musk benefit from Trump\u2019s Victory?\u00a0 - 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