Tesla shares (NASDAQ:TSLA) saw a notable rise in Wednesday’s pre-market amid news that Elon Musk’s high-stakes gamble on Donald Trump securing the U.S. presidency has worked. As of writing, Tesla shares are up over 12% in Wednesday’s pre-market trading.
In the lead up to the U.S. presidential elections, Tesla CEO Elon Musk joked that if Donald Trump fails to secure the presidency, then he is gloriously in trouble. Fortunately for Musk, his Trump gamble appears to have paid off. As per the Associated Press, Trump has successfully secured 277 electoral votes, effectively making him the 47th president of the United States.
President-Elect Donald Trump on Elon Musk in his 2024 Victory Speech: “We have a new star… A star is born — Elon.” pic.twitter.com/m1i1DS0HAI
— America (@america) November 6, 2024
While Trump has mostly adopted…
