Musk’s Surprise Rapport With Trump Means 40% Rally for Tesla
- Plants cast Tesla as ‘poster child’ for Made in USA: analyst
- Shares rise as Model 3 progresses, concerns of 2016 subside
Tesla Rallies 40% as Musk May Have Ear of Trump
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It’s a good time to be Elon Musk.
Shares of the billionaire’s Tesla Motors Inc. have surged 40 percent since Dec. 1, putting the stock within reach of a 52-week high. The acquisition of SolarCity is complete. Musk’s sprawling Gigafactory is now producing battery cells. And the clean-energy evangelist has the ear of a surprising fellow in Washington: President Donald Trump.