Tesla shares soar 13% as Trump win sets stage for Elon Musk's electric vehicle company

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Shares of Tesla soared Wednesday following an election that will send Donald Trump back to the White House, an outcome that had been strongly backed by CEO Elon Musk in the closing months of the race.

FILE - Tesla and SpaceX CEO Elon Musk walks to the stage to speak alongside former President Donald Trump.

Shares of rival EV maker Rivian plunged nine per cent and Lucid Group fell 3.1 per cent. NIO, a Chinese EV maker, slid six per cent. Tesla began selling the software, which is called "Full Self-Driving," nine years ago. But there are doubts about its reliability.Donald Trump was elected the 47th president of the United States on Wednesday, clearing the 270 electoral votes needed to clinch the presidency.Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S.

The verdict of U.S. voters was more decisive than most pollsters and pundits had predicted. Now the world waits to see whether the election of Donald Trump as president for a second time will prove as destabilizing as many American allies fear.'Canada will be absolutely fine': Justin Trudeau, his ministers and Pierre Poilievre congratulate Donald Trump

Matt Coronato scored the game-tying goal and the overtime winner in a dramatic finish, but video coach Jamie Pringle was the hero on Tuesday night.Auto theft probe leads to arrest of 59 suspects, recovery of more than 300 stolen vehicles: Toronto police Auston Matthews has come face to face with his look-alike. On Thursday, the Maple Leafs star met seven-year-old Grayson Joseph, who went viral for dressing up as an Auston Matthews hockey card.

Donald Trump was elected the 47th president of the United States on Wednesday, clearing the 270 electoral votes needed to clinch the presidency. 'Canada will be absolutely fine': Justin Trudeau, his ministers and Pierre Poilievre congratulate Donald Trump

 

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