Trump's Victory Boosts Tesla Stock and Musk's Wealth

Elon Musk's close ties with Donald Trump lead to significant gains for Tesla as markets react to the election results.

Tesla shares surged over 12% in pre-market trading following Donald Trump's presidential election victory.
Elon Musk's support for Trump included a $75 million contribution to his campaign, influencing investor confidence.
The election result added approximately €93 billion to Tesla's market value, significantly increasing Musk's wealth.
Trump's victory is expected to benefit certain sectors like defense and traditional industries, while renewable energy stocks decline.
European markets face pressure amid fears of potential tariffs and economic policies under the new administration.