00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares surged nearly 15% Wednesday following Donald Trump's victory in the
00:06US presidential election. CEO Elon Musk, a vocal Trump supporter, received mention in Trump's early
00:12morning speech. Trump referred to Musk as a super genius, emphasizing the importance of protecting
00:18such figures. Wedbush analyst Dan Ives suggested that Trump could roll back current EV tax
00:23incentives, which could bolster Tesla's competitive edge due to its scale and China tariff benefits.
00:29Ives predicted a Trump win could add $40 to $50 per Tesla share and potentially lead
00:34to a $1 trillion market cap if FST efforts accelerate by 2025.
00:40For all things money, visit Benzinga.com slash GSTV.
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