Home Latest News Musk’s expenses for Trump’s victory multiplied by 384, “Tesla” broke the record

Musk’s expenses for Trump’s victory multiplied by 384, “Tesla” broke the record

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Musk’s expenses for Trump’s victory multiplied by 384, “Tesla” broke the record

American businessman Elon Musk’s investment in the country’s elections and Trump’s victory has begun to bear fruit from the first days.

About this Oku.Az Reports with reference to Haber Global.

According to the information, Musk, who supports Trump, spent more than $130 million on the election campaign. Last week his fortune increased by $50 billion. Thus, in one week, Musk’s income was 384 times greater than the amount he spent on the elections.

The market value of the electric car manufacturing company “Tesla”, which he owns, exceeded $1 trillion, reaching a historic level and breaking a record.

Expectations that Tesla could gain a top position increased after the election of Donald Trump as president of the United States. It is also stated that some regulatory decisions regarding “Tesla” may be delayed. It is reported that a positive legal framework can be created for the company’s autonomous vehicle technologies.

According to the “Bloomberg Billionaires Index,” Musk’s total wealth as of November 5 was around $264 billion. The latest news shows that this figure has increased to 314 billion dollars.

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