Trump plans to establish a "Department of Government Efficiency," with Musk getting involved; investors need to understand six things.
Trump has chosen Musk and billionaire entrepreneur Ramaswamy to jointly lead the "Department of Government Efficiency", which may be a sign that Musk will hold an important position in the White House, ultimately becoming a bullish factor for Tesla.
U.S. Lawmaker's Tesla Stock Purchase Surges Ahead of Election Rally
Trump's termination of electric car subsidies is actually a "big bullish" for Tesla!
In the usa, directly purchasing Tesla autos does not qualify for the full subsidy, and canceling the subsidy will bring greater losses to Tesla's competitors.
Will Musk's new position bring "political benefits" to Tesla?
With Trump appointing Musk as the head of the new government efficiency position, Tesla rose slightly on Wednesday, but the market is full of doubts about whether Musk's "cross-border" politics will affect Tesla's future development.
Form 144 | Tesla(TSLA.US) Director Proposes to Sell 35.34 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Nov 15, $Tesla(TSLA.US)$ Director DENHOLM ROBYN M intends to sell 112.39K shares of its common stock on Nov 15, with a total market value of approximately $35.34 million.
Elon Musk's commercial empire is thriving, with SpaceX and xAI soaring in valuation together.
xAI has raised 5 billion USD in funding, with a valuation of 45 billion USD. Two weeks ago, Musk announced plans to increase the number of GPUs in the Memphis datacenter from 100,000 to 200,000.