Shocking amount of money $10,000 invested in Tesla stock 2 weeks before US election is worth now
The amount of money Tesla stocks are now worth if you invested just two weeks before the US election is shocking.
The presidential election took place back in November 2024 and just four months on, there has been significant knock-on effects when it comes to certain stocks and shares.
And if you invested $10,000 into Tesla stocks, you’d be surprised to find out just how much it’s worth now.
Advert
The investment would have increased by a whopping 27%, making the value now worth $12,723.
Since the election, Elon Musk has become close friends with President Donald Trump and, after being a vocal supporter during the campaign trail, the billionaire was given a top position.
The Tesla boss was named the new head of the Department of Government Efficiency (DOGE), and has spent the past few months hacking away at the federal budget.
While not technically a government department, DOGE is purported to act as an outside advisor to the president on federal spending.
Musk’s unelected role has proven to be controversial as the savings he has made so far have largely been from canceled contracts and mass layoffs.
This seems to have been reflected in the stock values of Tesla, which has been described as a ‘rollercoaster ride for shareholders’.
Stocks in the EV firm initially skyrocketed following Trump’s election win before crashing in the new year.
Musk also saw his public approval rating begin to plummet, with many people protesting his role in government by protesting and boycotting Tesla.
Some people have even taken to vandalising Tesla cars and showrooms.
The tech mogul spoke out against the acts during an interview with Fox News last Tuesday (March 18).
Musk said: “It’s really come as quite a shock to me that there is this level of, really, hatred and violence from the left.”
He added: “I always thought that the left, you know, Democrats were supposed to be the party of empathy, the party of caring, and yet they’re burning down cars, they’re firebombing dealerships, they’re firing bullets into dealerships, they’re smashing up Teslas.
“Tesla is a peaceful company, we’ve never done anything harmful.”
Trump also commented on the vandalism, calling the attacks on Tesla dealerships ‘domestic terrorism’.
He said: “They’re bad guys. They’re the same guys who screw around with our schools and universities. We’re gonna catch you, and you’re gonna go through hell.”
But despite the protests, it looks like Tesla stocks are currently back on the up.