Tesla's market value rose during trading on Friday, recording $1 trillion for the first time since 2022, before reducing its gains below the trillion dollar mark again.
The company is reportedly set to benefit from the momentum that occurred after Donald Trump won the US presidency, especially since the company's CEO, Elon Musk, is one of the new president-elect's biggest supporters.
The company's shares recorded an increase of about 7.1% during trading, up $21.05, before cutting its gains to an increase of about 6.4%, with gains of $18.8 per share to $315.3.
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