And Tesla shares will continue to rise, so those who do not know how to invest would be good if they could do so in the stock market, it is very illustrative when you surround yourself with people of great influence who can contribute, here Elon Musk bet on the highest bidder and won, so I have no doubt that now the shares will go much higher, for these shares to fall is difficult, it is possible, but I believe that now it is not like the effect that Donald Trump's victory had on BTC, so for now I think it will continue to trend upward.
Topic: I get it now—no wonder so many wealthy individuals are running for president! (Read 411 times)
November 20, 2024, 05:38:27 PM
November 16, 2024, 03:52:04 PM
That's just the market sentiment and speculation, i don't think it has anything to do with wealthy individuals running for president, Elon didn't run for president, but Trump, though he is also a billionaire himself. Investors believe the new administration will have a positive effect on the economy and by extension, their portfolio, so it is understandable that the price of the stock will rise, it might even soar higher once he is sworn in officially next year.
November 16, 2024, 03:38:28 PM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark!
Well the life is full of mutual benefits and connections and that's one of the things that usually lead one to running for presidency,and this is why Trump had alot of supporters like Elon musk as well as others too cause they would really benefits from it's reign as president and most definitely alot of things will skyrocket leading to massive growth.
November 16, 2024, 11:44:48 AM
No doubt that there's too many customers that are buying Tesla. But I think that there's a huge global competition with EVs and they're no longer the number one supplier of it worldwide. There's the competitor from the other side of the world and that's a chinese brand, I won't mention it because we might go far from what's being discussed. With personalities like Elon, they do care for the government and the regime that they're working it because it can loosen some regulations that could be up against their companies or in favor of it.
This is one of the reasons why Elon Musk needed to support the new administration. This time around, very openly. This is because it is good for his business empire to grow significantly under a supportive government. I've observed this across the entire world that businesses tend to thrive even more when they got government supports either financially or just creating an enabling environment for the business to thrive. It happens everywhere among big businesses and entrepreneurs.
There are levels to how these things work generally. A business have the ability to survive within the company's dogged decisions and resilience especially it's ability to evolve and improve on his deliverables, most businesses become even more stronger and extremely powerful when they got the government backing through implementation of favorable polices and programmes meant to positively drive the growth of the business within the domestic and international environments.
November 16, 2024, 11:27:38 AM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
Trump was running for Presidential elections, not Elon Musk, so I don't understand how you connect him with running for President. Elon Musk was only supporting Donald Trump. As far as I know, in the USA it's legal for businesses to sponsor presidential candidates in exchange for certain promises that the President will fulfill if they win.Shield132 was right Elon Musk only supports Trump as president I mean if you say lot of businessman in America that support Trump including elon musk and the famous author of Poor Dad Robert Kiyosaki since Trump is also a businessman, there is always a catch why Elon support Donald Trump in the election but one things for sure it has to do with their business too.
If you can lobby the government you can make a profit from it.
November 16, 2024, 09:24:09 AM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
Actually, this has nothing to do with it at all because Elon Musk is not running for president, he is only supporting one of the presidential candidates. Entrepreneurs or rich people will certainly approach presidential candidates because all of this will certainly be related to their business and this is also related to their policy issues later so that they are not hampered. So it is not surprising that most of the president's supporters are rulers and rich people, this is all because of business needs and so that their business is not disturbed.Regarding rich people who want to become public officials or president, I think it is because they want to have greater authority or power than before. They may be financially rich, but being someone who has authority, no matter how much material is no longer the main thing. In addition, they need broader power or social recognition, and by becoming president, it will be easier for them to get it because the presidential realm can have a much greater impact than when they were a businessman.
November 16, 2024, 09:08:40 AM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
I don't personally see the connection between trump winning election and the recent rise in musk businesses you can call it coincidence what you can say is that the leverage the trump admiration is going to give to Elon musk and his business to operate because of the role that musk played during the campaign before the start of the election 
November 15, 2024, 06:42:36 PM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
Elon Musk donated more than $70 million to President Donald Trump campaign and he would have lost all that money if Donald Trump didn't win the election just like all the donators of Kamala Harris lost their money. He's benefiting from the risk he took by trusting his investment and support in President Trump that he was going to win hence I'm not worried about how much he's making and his Tesla stocks are selling. We could have been among those making profits if we bought the Tesla stocks too because they're listened on the open market. There are those that bought the stock and other cryptocurrency relating to Elon musk that he has his interest in and they've made lost of profits. Imitating the rich and do what they're doing can make us lots of profits but we shouldn't follow them blindly before we end up like those that invested in Kamala.
November 15, 2024, 05:24:44 PM
What's the connection of this in Trump winning the election? I know that Trump is also a businessman but at the same time, this isn't his first time running for president. What's the relation of Tesla's stocks to the entire presidential race in the USA? I don't see any connection in there although I know that Elon Musk's political stand can influence a vast majority but if you're talking about his wealth, it only means that it's about Tesla's stock and other Elon's company that he has a lot of shares that he can disposed when needed.
Maybe, he just didn't mention that Elon is pro-Trump, hence, he has indirect benefit when it comes to his businesses.. In any case, the profitability of any business depends on the demand in the market. And with such development with Tesla's stock, it just translates to the fact that a lot are really buying their products.
November 15, 2024, 05:13:40 PM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
If I’m not mistaking you’re trying to point out why Elon Musk business surge high is related with Trump victory, well I still don’t agree because you can clearly see after Trump won the election a lot of promotions, business and investment gain another value. Don’t know about all but average business took advantage of the current state. If you judge Tesla in such manner what about bitcoin? I understand bitcoin is different rather you might not know if there’s a private deal or it’s a mere support from Elon Musk, when it comes to situations like this Musk knows what he’s doing definitely. 
November 15, 2024, 04:33:30 PM
Wealthy individuals, especially Elon Musk, certainly have more ambition than the rest of us - he's an opportunist and when an interesting opportunity like this comes along he'll take full advantage of it. And I also think it's normal for someone to take advantage of an opportunity like this to their advantage, there's no need to be hypocritical, if we were all given the opportunity to take advantage of someone and it would benefit us, we'd go along with it. So there's no need to overreact to this, and also in the US elections it's permissible for someone to donate to one of the candidates, so there's no problem with that.
I would say it's also a lot more opportunities are open to them, I have many ideas which I can't do right now, I even have a list of things that I would love to do, and some of them are small capital, like for example starting a crypto lottery on telegram, something quite easy, only requires development of a week, but marketing would cost a lot, or some of them are a lot bigger, like I would love to have a horse stable and make them race and breed for the next great horse.At the end, if Elon "wants" something like that then he could do that in a minute, if he ever wanted horses, like 100 of them, which would be end game for me, would be something he can say in a phone talk and it would be done like in a week. That's why it's quite easy for him to be opportunistic because he can take those opportunities when we can't since we do not have the capital to do whatever we want, and he can do that because he has the capital to do whatever he wants to do.
November 15, 2024, 02:49:41 PM
Tesla's post-election run isn't solely a function of market sentiment. For one, analysts note that potential changes in regulation under the new administration, a function of both recent developments in AI and autonomy at Tesla, could be a major value add. For example, Wedbush raised Tesla's target price by $100, citing expectations of reduced regulation accelerating projects like Full Self-Driving and autonomous taxis.
That said, volatility in the share price of Tesla remains a fact. Up about 40% in recent days, its value often shifts with the larger economic pressures at work and Musk's other pursuits. While the growth is promising, more so for short-term investors, long-term holders may still look for consistency in performance amid industry shifts.
Indeed, not directly but I think they can affect the market indirectly because they must also have their own stock which is listed in the financial market. It is only basic to know that there will be a change once there is now a newly elect official. There is no need an analyst for it even though they have more experience than us. AI is a latest technology that everyone is now considering. It also helps someone to stay on the loop. So yeah, it could add a major value to the company.That said, volatility in the share price of Tesla remains a fact. Up about 40% in recent days, its value often shifts with the larger economic pressures at work and Musk's other pursuits. While the growth is promising, more so for short-term investors, long-term holders may still look for consistency in performance amid industry shifts.
I think regulation has nothing to do with the technology of Tesla and there are even other car manufacturers that has that same tech but Elon still have a connection with Trump, so it might still help them grow.
November 15, 2024, 02:35:08 PM
If you can become leader of any country it’s clear the power can be used & manipulated to make lots of money. Nobody leaves Presidency poorer than when they started. Politics is dirty & leaders use war & black swan events to make big money. Being in control of regulations, laws & insider knowledge can be used to massively increase net worth by those in power.
November 15, 2024, 02:25:42 PM
It means more centralization in the world, what is quite concerning, although at same time there is nothing we can do about it, besides watching the next episodes of this novel. Elon Musk is lurking for political influence since some years ago already, when he started getting involved with different politicians and presidents in many different countries. Now with Trump it's like he has hit the jackpot, as he is by the side of the president of the largest world's potency. Imagine how many fruits this alliance is going to guarantee him in the following years.
What I can say to people is to be strong enough to resist the temptations of putting money above everything. Individuals like Musk use the strategy of offering money to people in order to achieve their personal goals. They buy people's opinions and dignity, so they can increase their influence and control in the world in order to reach even higher levels of dominance.
What I can say to people is to be strong enough to resist the temptations of putting money above everything. Individuals like Musk use the strategy of offering money to people in order to achieve their personal goals. They buy people's opinions and dignity, so they can increase their influence and control in the world in order to reach even higher levels of dominance.
November 15, 2024, 12:48:55 PM
Wealthy individuals, especially Elon Musk, certainly have more ambition than the rest of us - he's an opportunist and when an interesting opportunity like this comes along he'll take full advantage of it. And I also think it's normal for someone to take advantage of an opportunity like this to their advantage, there's no need to be hypocritical, if we were all given the opportunity to take advantage of someone and it would benefit us, we'd go along with it. So there's no need to overreact to this, and also in the US elections it's permissible for someone to donate to one of the candidates, so there's no problem with that.
November 15, 2024, 12:12:38 PM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
Have you not been hearing Trump saying tax cut and all of that since day one? Elon is a billionaire and so is Trump. They are both running business empire outside politics but Trump wanted power because he thinks his tenure was snatched from him and you can see Elon has been crying like a baby, trying to avoid tax as possible, he doesn't own a house and all because he don't want to be exploited by the government, that's what Biden administration is doing to him.
I don't think they were that closed before now with Trump, Elon has the media to get attention of people since mainstream media is very good at manipulating the news. So he used the opportunity to get in someone that will help him reduce his tax and also an alliance for more money to his Tesla. If I were you, wouldn't you support Trump to win the election? That's the benefit is enjoying now and I think it's even the beginning of his more wealth to be the richest man alive.
November 15, 2024, 10:48:57 AM
Now you also understand why many wealthy people are donating to one of the running presidents. There are so many perks they could get once that president wins. It's not just about the stock price or other businesses going to be more valuable but also the power. When a president owes you for helping him win his campaign, you also have the power to be untouchable. One traffic problem is just one call away to the president and so many other perks you will receive like a VIP of that country.
Before, I thought those millions of dollars came from the running president himself but it's not. In some third-world countries' mayoral elections, they even pocket the donated money so they will still have some even if they lose. Most would do this because they know they cannot win the race.
Okay, it's profitable to be friends with a winning party if your friend recognizes your efforts or is grateful enough to reward you. You know, some people, after supporting them as a friend, they might not return the favor. However, in the case of Trump and Elon, it's obvious that Trump is repaying Elon Musk for his support, which has contributed to Musk's share increase. We hope that when we support our friends and they reach the top, they don't forget us. Before, I thought those millions of dollars came from the running president himself but it's not. In some third-world countries' mayoral elections, they even pocket the donated money so they will still have some even if they lose. Most would do this because they know they cannot win the race.
November 15, 2024, 09:56:15 AM
Now you also understand why many wealthy people are donating to one of the running presidents. There are so many perks they could get once that president wins. It's not just about the stock price or other businesses going to be more valuable but also the power. When a president owes you for helping him win his campaign, you also have the power to be untouchable. One traffic problem is just one call away to the president and so many other perks you will receive like a VIP of that country.
Before, I thought those millions of dollars came from the running president himself but it's not. In some third-world countries' mayoral elections, they even pocket the donated money so they will still have some even if they lose. Most would do this because they know they cannot win the race.
Before, I thought those millions of dollars came from the running president himself but it's not. In some third-world countries' mayoral elections, they even pocket the donated money so they will still have some even if they lose. Most would do this because they know they cannot win the race.
November 15, 2024, 09:52:29 AM
Since the election on November 5, Tesla's stock price has soared by nearly 39%, and it has risen by 41% so far this year. This post-election surge has added around $320 billion to Tesla's market value, pushing it past the $1.1 trillion mark! What's more, since April 2022, Tesla's stock had never been able to break the $350 barrier, and this surge has completely shattered that "ceiling.What's more, for Elon Musk, the benefits go far beyond this—his entire portfolio of ventures is poised for a new wave of growth.
Trump was running for Presidential elections, not Elon Musk, so I don't understand how you connect him with running for President. Elon Musk was only supporting Donald Trump. As far as I know, in the USA it's legal for businesses to sponsor presidential candidates in exchange for certain promises that the President will fulfill if they win.It's a common culture amongst business tycoons to rally around the candidate with some sort of higher chances of winning in any county's general election because they understand what they stand to gain and the privileges it could lend to them through policies and other aspects.
Supporting a candidate isn't against the law though but one must tread carefully, playing his cards well not to misfire by supporting a candidate that failed to emerge winner else the other party in victory could frustrate you as a businessman with unfavourable policies under their administration to serve as a lesson to others.
November 15, 2024, 09:34:59 AM
Musk has definitely the ball in terms of publicity and with the upcoming administration, it will be favorable towards the electric vehicle industry or sector. I think the close ties with Trump has definitely been a catalyst for Tesla. It could be even higher if the "efficiency" thing that he was assigned performed best. I think this is a boost for Tesla.
We all know that if you are in charge of something or close with someone who is, you can get some incentives.
We all know that if you are in charge of something or close with someone who is, you can get some incentives.
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