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.
November 15, 2024, 09:29:24 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.
The subject of your topic is quite different from the content of the post, but we get the point that you're trying to make, money and power goes hand in hand. To sustain wealth it's either you're in power or you have influence among the power holders, if it's not so, then their policies can witch-hunt your wealth. Being in power or having affiliate with people in power guarantees that your wealth is secured and it will be increasing because of favorable policies to your advantage. Having all the money and being super rich can be a driving force for some people to go into politics, that is why you will see a super rich man like Donald Trump, still contesting for elections. When you're so rich and you can't have control beyond your establishments, I believe it is one of the driving force for the rich people to go into politics. Money alone does not give the rich people total control, they need to be in total control, like being a president before they can feel that they're the conqueror.
November 15, 2024, 08:58:15 AM
the reason wealthy people run for president is simple
political parties lobby a front runner for their party whom actually has some form or managerial/ceo experience whom can show they can delegate tasks and make crucial decisions.. also well known business men have the work history to show experience and skills.. compare that to a unemployed homeless person no one knows anything about
the main job of a president is to delegate tasks, such as get some other guy to manage a department
this is why trump won. because he is not strong in doing things himself but he is good at getting others to do the hard work while he takes the glory
political parties lobby a front runner for their party whom actually has some form or managerial/ceo experience whom can show they can delegate tasks and make crucial decisions.. also well known business men have the work history to show experience and skills.. compare that to a unemployed homeless person no one knows anything about
the main job of a president is to delegate tasks, such as get some other guy to manage a department
this is why trump won. because he is not strong in doing things himself but he is good at getting others to do the hard work while he takes the glory
It perhaps is also because Trump has meme-like qualities that made him a winnable candidate among the G.O.P., because if without it, and/or without his sort of personality, would he actually be considered in the primaries? I believe not, not even if he was the best in management/administrative abilities.
Personally, from a "greed viewpoint", I'm happy that he won, obviously because he's more favorable for Bitcoin than the other candidate.
November 15, 2024, 06:07:44 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.
It’s possible that Musk’s endorsement of a candidate could have a much bigger impact on him, and one of those is the increase in Tesla’s stock. Elon Musk has been so supportive of Trump for president that he has actually benefited from backing the right person that there has been a pretty good return for his own business and that has been evident this month. In addition, the spike in Bitcoin prices has also continued to occur this month, which even reached the range of $93K and this has also surprised many people because previously I did not think that Bitcoin would reach such a high price this month.He get a lot of exposure on Trump's campaign and he's well known individual that support Trump. So whatever victory gotten by Trump those people associated with him will be carried out by that event. That's why we see bitcoin hype spread out and we see great pumps from this coin. Also maybe this is same like effect what happen to Tesla stock since many people got hype to buy some shares and demand rise which cause the price to shoot up to.
That $93k milestone really surprised people since no one expect that bitcoin will reach above $90k since many people lose their faith that incident will happen since its like bitcoin is not showing any same like situation what happen to them. But everything lift up when Trump win so I guess any possibilities that people didn't expect would really come especially if there's certain event that can help it to achieve this kind of growth.
November 15, 2024, 05:59:06 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.
It’s possible that Musk’s endorsement of a candidate could have a much bigger impact on him, and one of those is the increase in Tesla’s stock. Elon Musk has been so supportive of Trump for president that he has actually benefited from backing the right person that there has been a pretty good return for his own business and that has been evident this month. In addition, the spike in Bitcoin prices has also continued to occur this month, which even reached the range of $93K and this has also surprised many people because previously I did not think that Bitcoin would reach such a high price this month. legendary
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November 15, 2024, 05:47:56 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.
Have you ever thought that if Harris won the election and what would happen to Elon and his business? Certainly, if Harris was elected, his career would end when supporting publicly for the candidate Trump. It is a large gamble and the price will be very expensive if any mistake occurs, so I think that anyone who accepts such a big trade is worthy of the reward they receive. That is why there are not too many entrepreneurs or corporations to publicly support a candidate.
As well as some people said, Elon wants to participate in politics because it is beneficial for his business. He did not run for the president and he didn't have the opportunity to do it even if he wanted it. Because as I know, he is an immigrant from South Africa and only those born in the United States can run for president.
November 15, 2024, 03:20:11 AM
the reason wealthy people run for president is simple
political parties lobby a front runner for their party whom actually has some form or managerial/ceo experience whom can show they can delegate tasks and make crucial decisions.. also well known business men have the work history to show experience and skills.. compare that to a unemployed homeless person no one knows anything about
the main job of a president is to delegate tasks, such as get some other guy to manage a department
this is why trump won. because he is not strong in doing things himself but he is good at getting others to do the hard work while he takes the glory
political parties lobby a front runner for their party whom actually has some form or managerial/ceo experience whom can show they can delegate tasks and make crucial decisions.. also well known business men have the work history to show experience and skills.. compare that to a unemployed homeless person no one knows anything about
the main job of a president is to delegate tasks, such as get some other guy to manage a department
this is why trump won. because he is not strong in doing things himself but he is good at getting others to do the hard work while he takes the glory
November 14, 2024, 10:36:52 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.
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.
November 14, 2024, 06:47:36 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.
Also, of course, it is how being managed by the owner himself. Since Elon already reached his status in life to be one of the wealthiest people on earth, then, it is understandable that he knows what he's doing and he knows what to do to improve his businesses in terms of profits. And that doesn't depend on being supportive with Trump alone.
November 14, 2024, 05:57:10 PM
The rich class will cater to the rich class no matter what.
In the US you have demonized the Marxist school of thought and many of you still think in mccarthyist terms. You don't need to be a genius to understand basic Marx and the reality is that Marx wrote about these things around 2 centuries ago.
No matter what party a rich class individual supports today, the commonality is that they never talk about class. Neither democrats nor Republicans, they always fail to do anything to address class issues. One is worse than the other in these serious regards that keep us all poor and living paycheck to paycheck. No matter which one of the two big parties goes into power, these things never change. The rich get richer and the poor poorer.
In the US you have demonized the Marxist school of thought and many of you still think in mccarthyist terms. You don't need to be a genius to understand basic Marx and the reality is that Marx wrote about these things around 2 centuries ago.
No matter what party a rich class individual supports today, the commonality is that they never talk about class. Neither democrats nor Republicans, they always fail to do anything to address class issues. One is worse than the other in these serious regards that keep us all poor and living paycheck to paycheck. No matter which one of the two big parties goes into power, these things never change. The rich get richer and the poor poorer.
November 14, 2024, 05:20:14 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.
What do you really mean by wealthy people running for president?, Because I believe that the hype behind this just concluded US election is not just financial related, but it concerns how other things can be addressed, and I guess you are aware of most of them. Musk really supported the campaign because he had his own expectations, but he wasn't just the only one. We had people from the crypto and none crypto community supporting trump as well. To be very clear, Tesla isn't the only stock that benefited. Other stocks and sectors experienced similar, and I believe you saw Bitcoin recently?.
November 14, 2024, 05:10:43 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.
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. 
November 14, 2024, 04:53:20 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.
Never underestimate the "wisdom" of crowds is maybe a polite way to say this, but then it appears that Musk has been placed in a very prominent government position and is almost running the same businessman into politics road as Trump. Even if you don't like Elon, you have to admire the way that he has engineered his way into power because it just shows how broken the entire capitalist system has become in America - corporate capture is now complete. Those with money have been able to angle themselves into the highest seats of power, there is not even the pretense that they are going to make deals any more and it is descending into a dictatorship type of mentality. The next few years will be very interesting.
November 14, 2024, 04:14:07 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 we are not going to be biased about the general markets performances in crypto, we all know that after the just conclusion US election, many of these coins are fast rising, this begins with bitcoin and we are hitting all time highs on it, should we now because of this make a conclusion on the others peoples opinion and take over from there, bitcoin is not for the wealthy and it's not being manipulated by the whales.
November 14, 2024, 04:00:39 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.
I do not see how anyone could be surprised by this, politics and wealth have always been connected, it is just that many times the rich took a backseat and they tried to influence politicians behind closed doors, the only difference is that now everything is more open than ever, so you can see what is going on way more clearly, however we cannot discard that even if there are great economic incentives for the rich to get into politics, the possibility that they get into politics with the desire to help others is real too. 
November 14, 2024, 02:50:11 PM
OP should correct his post, There's a misconception that Trump is the owner or part owner of Tesla, wealthy individuals have the funds for campaigns and their having a position in the government is part of their extension of their power as an investor and businessman, Everything is easy if you have a position in the government, your businesses are safe and you can give huge favors to your partners in government contracts.
November 14, 2024, 01:48:54 PM
That’s just tesla, who knows how many dogecoins he has. Doge has nearly quadrupled in a month or something. Not so long ago it was 10-12 cents and as far as I now it hit 42 cents lately. Imagine the profits he had from this pump. Elon is the ultimate winner of the elections imo.
Don’t make any mistakes though, there are many companies that support the demo•rats. Like microsoft and google. These companies donate the demo•rat party huge amounts of money but nobody talks about them as much as they talk about Elon which I find strange.
It's funny how a good marketing can increase the value of the most invaluable thing, Dogecoin is the perfect example.Don’t make any mistakes though, there are many companies that support the demo•rats. Like microsoft and google. These companies donate the demo•rat party huge amounts of money but nobody talks about them as much as they talk about Elon which I find strange.
Let's not call them demo*rats, Joe Biden acted like a real man, accepted the defeat and promised Trump a smooth transition while Trump was crying like a little girl when he lost elections in 2020. Oh, in 2020 it was rigged because he lost but it's not rigged now because he won? C'mon. In this case, Joe Biden acted more like a man than Trump and he deserves praise for that but who knows, maybe behind the scenes they are friends
I watched Trump's meeting with him and he said thank you so many times And then said that politics is tough but today is a beautiful day and thanked him again. By the way, they talk much about Elon and the supporters of Trump because they don't share much liberalism and are more on a so called toxic masculinity side. Might sound crazy but Trump and his supporters are called toxic masculine by liberals, which are very soft. I think that the world doesn't want any more liberalism at this level where gender and other issues arise at such a high level, people want to return back when things were near to normal, men were men and women were women, that's why many people probably vote for Trump.
November 14, 2024, 01:09:11 PM
That’s just tesla, who knows how many dogecoins he has. Doge has nearly quadrupled in a month or something. Not so long ago it was 10-12 cents and as far as I now it hit 42 cents lately. Imagine the profits he had from this pump. Elon is the ultimate winner of the elections imo.
Don’t make any mistakes though, there are many companies that support the demo•rats. Like microsoft and google. These companies donate the demo•rat party huge amounts of money but nobody talks about them as much as they talk about Elon which I find strange.
Don’t make any mistakes though, there are many companies that support the demo•rats. Like microsoft and google. These companies donate the demo•rat party huge amounts of money but nobody talks about them as much as they talk about Elon which I find strange.
November 14, 2024, 12:56:45 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!
Different title and different subject for correction: for correction, Trump did not own Tesla, Elon did, many wealthy business man run for office not only for presidency but all other office where they can protect their business where they can have an advantage over their competitive.
In our country alone, the relative of mayors control the major businesses and contracts from the government in their jurisdiction They can do this because they can bribe the ombudsman to make them blind on their activity, this so rampant in the third world country.
November 14, 2024, 11:58:35 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.
It simply means that the market believes that Trump will be better for the economy than during the president in 2022.
¯\_(ツ)_/¯
I personally don't know if that's actually true, but I honestly HOPE it's true for Bitcoin. If you're a Bitcoin HODLer, then you should HOPE it's true as well.
November 14, 2024, 11:54:29 AM
What you need to know is, business and politics are different and both have different skills and Elon Musk is not suitable to be president, and besides that what you need to know again is, even if Elon Musk wants to, he will not be able to run for President of the US because one of the strong requirements and which will be valid to occupy the position is to be a native citizen of the United States and Elon Musk is not a native citizen of the US, and Elon Musk was born in South Africa. Elon Musk only supports Trump to become President of the US and it will be an advantage for Elon Musk if Trump is elected because this can be said to be a business that will benefit Elon Musk.
November 14, 2024, 11:30:02 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.
Lol! This world is run by the wealthy businesses and the politicians. Probably it is less evident if US but in majority of the developing nations, politicians are just the puppets of the billionaires.
I can take my country for example -
1. When a specific person became Prime Minister of my country, all contracts to run the airports, food storage and docks are given to a specific organisation.
2. Another specific organisation was given a freehand to break the rule of competition commission to provide free mobile and data services for 6 months.
3. The alum development contract in the most expensive city of my country was given to a specific organisation without going through usual formalities.
So what happens with Elon's company, is not something exceptional. That was very much expected.
November 14, 2024, 11:11:11 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.
For Tesla stock price to skyrocket shouldn't be coming as a suprise because of the role Elon musk played during the just concluded U.S election, his stance for total support of Donald Trump is one of the enabling factors. Ordinarily as a business man, he would have decided to mind his business and stayed silent without wanting to get himself involve in politics, which a lot of private businesses owners would have done, but as for Elon musk, he said NO, he came out all in, in public and stood firmly on the the mandate he believed would make America proud again. So for his business to witness this upsurge within this short period of time, is simply as a result of what he had laboured for, and I also want to believe that his business too would have gotten to reduction in percentage growth if Kamala Harris had won.
November 14, 2024, 11:03:12 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.Btw many wealthy individuals are running for Presidential elections because it gives them power. Life is different for wealthy people, when they have lots of money, life becomes boring for them because they can buy anything but they can't do anything, and that's when their obsession for getting power grows.
You both are making same point of view but from different perspective. The (OP) didn’t really mean Elon musk was going for presidency. But his intentions was clear and have been proven since Trumps won the election. This is what ever one who chooses to support any candidate. Even if they seems to not put their own interests at heart. In one way or the other. It always goes to their favor when h their prefer candidate whom they campaign for wins. That’s the same logic with Elon musk
November 14, 2024, 10:55:01 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.
This is not the first time a wealthy individual has supported a presidential candidate in the US. But this is the most open and businesslike support I have seen in recent times. Elon Musk has spent about $130 million supporting Donald Trump and reports show that he has made about $70 billion since after the elections, that's good business. This might be the beginning of what Trump's government might bring. The rich getting richer and the poor keep living in debt. November 14, 2024, 08:01:30 AM
The country I come from, my president thinks it is his turn to run for presidency because he is influential and wealthy. Most of these wealthy men run for leadership because most of them own big companies and also have shares with other big companies both international and local.
Once they get into power, they create policies and regulations that would favor them and make them get big returns.
This scenario can be linked to why Tesla is experiencing such a surge as musk endorsed trump. It is clear that the rate of Elon Musk influence has increased.
Once they get into power, they create policies and regulations that would favor them and make them get big returns.
This scenario can be linked to why Tesla is experiencing such a surge as musk endorsed trump. It is clear that the rate of Elon Musk influence has increased.
November 14, 2024, 07:54:04 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.
in addition to wealth, strive to get connected to power; that's the summary of the previlage musk is enjoying as a result of his alignment with trump in the presidential race.We have the likes of dangote who's now operating a monopolistic company in his country just because he has aligned himself with the government and is ready to cover some of the weaknesses of the government while the provide some sort of coverage to him.
It's only easy for him to have enjoyed this sort of benefit because he's already wealthy and had his influence before the election. If he decides to step out of the whole trump circle, he's going to continue being relevant and that's one reason why he will continue to be liked by the majority of people and his asset will keep going up. Also, one of the main reason why musk networth increased tremendously is possibly because he has a lot of Bitcoin holding he's stacked up for a long time and due to Bitcoin surge, it's going to directly affect his networth positively. Musk is not just a tech guru but also a good business that knows how to make use of people, systems and connection to his advantage.
November 14, 2024, 06:50:37 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.
Elon Musk is basically an oligarch. His wealth is closely connected to what he receives from the US government, in terms of contracts(Space X) or carbon credits(Tesla). His political power and influence had increased to absurd levels, after his guy(Donald Trump) won the election.
Now Musk will have to fight against American bureaucracy and regulations as a head of a newly formed government agency.
This has nothing to do with how Tesla performs as a company, but it proves how stock prices can be heavily influenced by politics.
November 14, 2024, 06:50:27 AM
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.
The title was abit weird but you get the gist of it. Basically everyone wants a piece of the pie therefore wealthy individual tends to sponsor a candidate in return for favour when their candidate got elected. In this case, Elon Musk got a good position which technically pump anything that is associated with him like Tesla and Doge
I guess the title should be something like “no wonder why wealthy individuals cling on to political individuals”. Elon Musk was smart to side with Trump since he probably knew he had huge chance to win.
Everyone on Kamala's side knows that they had a huge chance to win as well. Its basically 50 50 before the rally started and the event decider was when Trump got shot. Bullet missed Trump but it literally hit Democratic Party and even if it was Biden instead of Kamala, Trump would have still win the election
November 14, 2024, 05:15:15 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.Quote
Btw many wealthy individuals are running for Presidential elections because it gives them power. Life is different for wealthy people, when they have lots of money, life becomes boring for them because they can buy anything but they can't do anything, and that's when their obsession for getting power grows.
The worse thing is that it’s easy for them too. Since they are wealthy, they have all kinds of connections that eventually gets them to where they want to be. People adore influential wealthy people and they will vote for them no matter what their credentials are. 
November 14, 2024, 04:18:23 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.Btw many wealthy individuals are running for Presidential elections because it gives them power. Life is different for wealthy people, when they have lots of money, life becomes boring for them because they can buy anything but they can't do anything, and that's when their obsession for getting power grows.
November 14, 2024, 03:28:53 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.
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