Tesla shares soared in pre-market trading after Donald Trump, backed by the electric car maker’s boss Elon Musk, claimed US election victory. Image: Jim WATSON / AFP
Shares in Tesla soared in pre-market trading on Wednesday after Donald Trump, backed by the electric car maker’s boss Elon Musk, claimed victory in the US presidential election.
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Tesla shares were up 13% at $283.97 (R5 000) in after-hours deals, hours before Wall Street opens and after Trump praised Musk during a triumphant speech at his campaign headquarters in Florida.
A look at the Real-Time Forbes billionaires list shows that South Africa-born Elon Musk has ‘made’ $4.8 billion in the last 24 hours, extending his lead as the world’s richest man.
His net worth at the time of publishing stands at $264.7 billion.
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