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Tesla is part of the trillion-dollar club again

  • Tesla's shares have rallied nearly 30% since the U.S. election, reaching a market cap of $1 trillion.
  • The share spike is largely related to Elon Musk's support for Donald Trump.
  • Tesla previously reached the trillion-dollar valuation club three years ago, but saw a significant decline in the following year.
  • The stock has been volatile but began recovering in spring 2023.

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