The shares of Elon Musk’s companies are in place.
Shares of Elon Musk companies, Tesla and SpaceX, have marked a decline after the mid-term US election results, in which the Democrats secured victory over the republics.
According to the Nasdaq 100 index data, Tesla’s stock dropped by 2,80 per cent, while SpaceX’s at 2.37 per cent.
Investors are concerned about the possibility of a stricter monitoring of Musk’s business empire, as well as the impact that the election outcome may have on the plans for the unification of Tesla and SpaceX.
Musk, one of the US President Donald Trump’s closest allies, had invested large sums in support of Republican candidates during the election campaign.
Victory of the Democrats thus constitutes a political blow to him and Trump. /Telegraphy/
