PANews reported on November 7 that according to Jinshi, Tesla (TSLA.O) closed up 14.75% on Wednesday in the US time after Trump, who was supported by Musk, won the US presidential election. According to the Forbes Rich List, Tesla's surge has increased the net worth of the company's founder and CEO Musk by US$20.9 billion in a single day, with total assets reaching US$285.6 billion, far exceeding Jeff Bezos, who ranks second on the world's richest list.
Musk just said on the X platform: "The government is about to undergo a thorough reform to end the bureaucracy that hinders development, crazy deficit spending, and return personal freedom to the people."
