Tesla shares have soared for the fourth day since President-elect Donald Trump's presidential day as expectations persist for Tesla CEO Elon Musk's role in his new government.
Tesla shares closed at $350, up 8.96% from the previous session, and at one point rose to $358.64 during the session, breaking another 52-week high.
The closing price is the highest in more than two years and seven months since April 7, 2022 at $352.42, and Tesla shares have soared 39.2% over the four trading days since Trump's election was confirmed on the 6th.
This year, Tesla's stock price return has continued to rise to 41%, and its market capitalization, which represents corporate value, has increased by 443 trillion won in our money from $807.1 billion on the 5th to $1.1235 trillion.
Musk, who reportedly spent more than 182.2 billion won on Trump's campaign, will influence policy decisions in some way in Trump's second White House, further growing Tesla, investors predict.
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