Tesla’s stock catapulted 12% on Wednesday morning, reaching over $280 per share by 10:10 a.m. EST and establishing a new peak beyond its previous record of $273.54 from October 27. The surge added over $15 billion to CEO Elon Musk’s net worth, bringing his total fortune over $280 billion according to latest estimates. The market reaction followed Donald Trump’s election victory, during which the president-elect praised Musk as a “super genius” and “new star” in his acceptance speech. The accolades came after Musk’s substantial campaign support, including at least $118 million in contributions through his America PAC, making him Trump’s … Continue reading Tesla Rockets 12% After Trump’s Win, Adding over $15B to Elon Musk’s Fortune as He Prepares to Manage a $2 Trillion Initiative