Tesla Stock hit new all-time high price:

This Wednesday morning, the stock reached his historic and symbolic high and Elon’s Musk Favorite Number: $420. Elon risked a lot of supporting President Trump, but now seems to be paying off:

Tesla’s stock price has continued its trajectory up since the U.S. presidential election, raising nearly 65% since November 5th. This significant increase is influenced by investor optimism and potential benefits for the company due to CEO Elon Musk’s relationship with President-elect Donald Trump.

Adding to this positive momentum, Tesla China announced strong sales figures for the first week of December, with 21,900 electric vehicles sold in the world’s second-largest economy. This remarkable achievement represents Tesla’s highest weekly sales for the fourth quarter of 2020.

The combination of political optimism and robust sales performance in China has created a perfect scenario for Tesla’s stock price, driving it to new heights and solidifying the company’s position as a leading player in the electric vehicle industry.

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