Musk’s Triple Trump Card Sends Tesla Stock Into Space
While corporations sweat over Trump’s potential policy changes, Elon Musk’s vast empire is nesting into an enviable position. Tesla and SpaceX stand to gain from significant policy shifts following Musk’s super-sized political donations — with the EV maker’s stock surging ~35% since the election as Trump suits up for the Oval Office.
- As America’s only profitable EV maker, Tesla is better equipped to handle Trump’s EV credit elimination — disproportionately harming competitors like Ford, GM, and Stellantis, who rely more heavily on the $7.5K purchaser incentive to attract buyers.
- Additionally, Trump’s administration is prioritizing a regulatory framework for self-driving vehicles, creating clarity that has fueled Tesla’s stock rise — up 6% since Monday’s open. Meanwhile, transportation businesses like Uber and Lyft have seen their shares drop by ~6%.
Space race acceleration: Into the final frontier, SpaceX’s ambitious vision under Trump is taking shape. The company is eyeing an ambitious 400 Starship launches over the next four years, a dramatic leap from its current five test flights. With Musk leading a government efficiency commission and pushing for simplified launch rules, SpaceX could revolutionize access to space while tackling “the hardest” part of the business: regulatory hurdles. Talk about liftoff for Musk’s regulatory moonshot.
