Trump’s media business, Tesla surge as former president nears second term

Shares of Tesla, Donald Trump’s media business and domestic-focused small-cap companies surged on Wednesday in anticipation of a win for the former president even though some key states in the U.S. election are yet to post results. Trump claimed victory after Fox News projected that he had defeated Democrat Kamala Harris, although other news outlets had yet to call the race for Trump. Tesla jumped 11% as CEO Elon Musk has promoted the former president throughout his electoral campaign.Read More