Investors are more likely to gamble on Tesla as a representation of Elon Musk, the guy connected to the next president, than on the firm itself. Co-founder of DataTrek Research Nicholas Colas told Automotive News, "The issue is that there's only one public market play on Musk, and its symbol is TSLA."

Additionally, Trump is often drift hunters opposed to laws that would hinder Tesla's operations, and there may be unanticipated benefits to being in the president's close circle. Cole Wilcox, portfolio manager at Longboard Asset Management, told Automotive News that "those who wagered against Musk and Tesla have been repeatedly proven wrong." "There is nothing in his way that can prevent him from executing his visions now."

The new administration is not particularly fond of government initiatives that promote electric automobiles. Tesla might potentially be impacted by Trump's transition team's intentions to eliminate EV tax incentives, lower pollution regulations, and impose tariffs on imports from the EV supply chain. Tesla debuted the Cybercab, a robotaxi, back in October. It's also unclear whether Musk's friendship with Trump will be helpful in that pursuit, since he doesn't seem to have a strong affinity for driverless cars.