Following the announcement of today's U.S. election results, a prominent winner quietly emerges—Musk, whose business empire Tesla, the X platform, and SpaceX are all expected to draw nutrients from former President Trump's victory. Tesla's stock price surged after Trump's victory, while Musk himself reaped substantial political capital from actively supporting Trump.
With the election results settled, Trump ascends to the White House again, backed by his strong supporter Musk. Musk will also be the biggest beneficiary of Trump's victory. Although the electric vehicle industry may suffer due to the cancellation of electric vehicle discounts and tax incentives, Tesla, with its scale and price advantage, is likely to benefit from this. Ives predicts that Tesla's stock price could rise by $40-50 as a result.
Since April of this year, Tesla's market value has skyrocketed by $300 billion, and Musk's political statements on the X platform have triggered a surge in Google users' interest in searching for him. Analysts expect that the election results will bring more car sales to Tesla, attract more advertising orders for the X platform, and win more government support for SpaceX.
However, the benefits Musk reaps are far from over. Trump's victory will greatly enhance his political standing, while if he fails to win the election, Musk could even face jail time, as he himself previously joked. Since July of this year, Musk has fully supported Trump, and now his gamble has finally paid off handsomely.
In the context of Trump potentially accelerating the development of autonomous driving technology, Tesla's Full Self-Driving (FSD) technology will encounter new opportunities. At the same time, Trump's proposed high tariff policies will also help Tesla maintain its leading position in the U.S. market. It is worth mentioning that even if Democrat Harris wins the election, Tesla can still benefit, as the Democrats also value clean transportation.
From the perspective of the space market, Trump's victory also has a positive impact on Musk. Under Republican governance, SpaceX is more likely to receive support from government departments, thus realizing Musk's 'Mars dream.' If Harris takes office, she may refuse to take on the massive debt for SpaceX.
With the expansion of political capital, Musk has even hinted at his willingness to enter the political arena. If Trump invites him to take on a key government position, Musk will have the opportunity to shift from business mogul to political leader. However, this also means he may need to distance himself from Tesla and SpaceX, which could have certain implications for the future development of both companies. Nevertheless, as the 'number one contributor' to Trump's victory, Musk's political resources have been greatly enhanced.
