Elon Musk’s bet on Donald Trump will likely accelerate Tesla’s robotaxi future, analysts say

Donald Trump and Elon Musk — President-elect Donald Trump shakes hands with Elon Musk on stage at a campaign event. Trump has promised the Tesla CEO an advisory role in his administration. (BLOOMBERG)

November 07, 2024 11:30 AM

Tesla CEO Elon Musk’s winning bet on Donald Trump in the presidential race will likely help the electric vehicle maker as it pivots to autonomous robotaxis and artificial intelligence for future profit growth, analysts say.

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