Tesla's stock went up by more than 6% on Friday, pushing its value above $1 trillion. This big jump came after Donald Trump won the U.S. presidential election, and many investors think his presidency could help Tesla. Elon Musk, Tesla's CEO, was a strong supporter of Trump and even gave over $130 million to help him win, which makes some people hopeful that Trump will make policies that benefit Tesla, like fewer rules for the company.
Experts believe that less regulation could help Tesla do even better, especially with fewer rules for electric cars. Musk also hopes that a Trump administration will help make it easier for Tesla's self-driving cars to get approved. Tesla recently made a lot of money, with $25.18 billion in sales, and expects to grow even more next year with cheaper cars and better self-driving technology.
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