It’s also producing significant rallies of individual stocks as well as the overall market. It’s too soon to say whether the gains will last. For instance, Trump has promised to introduce sweeping tariffs that could raise prices significantly on just ...

Tesla investors are cheering the victory of Donald Trump over ... of EV rebates and tax incentives introduced by President Biden. Investors fled other EV stocks on Wednesday, with shares of Rivian and Nikola dropping over 8% and almost 2%, respectively.

The billionaire Tesla CEO is in a stronger position to influence development of federal rules that would put more of the fully self-driving cars on the road.