Tesla hits record highs as post-election rally continues Bi Investing.com

Investing.com — Tesla Inc (NASDAQ: ) hit a record high on Wednesday as the electric vehicle maker continued its post-election rally on bets that CEO Elon Musk’s close relationship with President-elect Donald Trump will benefit Tesla.

Tesla jumped more than 3% to $415.57, following a 64% jump since Donald Trump’s election victory last month, when the company’s market capitalization jumped more than $500 billion to $1.3 billion.