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A possible Trump victory could spell massive gains for Tesla over the coming months, according to Wedbush Securities' Dan Ives. The analyst thinks the electric vehicle maker can pass the $1 trillion market cap threshold if the Republican nominee comes out on top in the U.S. presidential election. "This could ultimately add $40 to $50 per share to Tesla's stock right off the bat, and we could now be talking about a $1 trillion [or] $1.5 trillion market cap for Tesla." Tesla, which is up just 1% for the year, has a market cap of $807.1 billion through Tuesday's close. "Ultimately, I think Tesla is the most undervalued AI name in the market," he also said.
Persons: Tesla, Dan Ives, Kamala Harris, Ives, Trump, Musk Organizations: Trump, Wedbush Securities, Republican, U.S, NBC, Electoral College
In her closing rally on the Ellipse last week, Kamala Harris scorned Donald J. Trump as an outlier who did not represent America. In fact, it turns out, that may be exactly who we are. With his comeback victory to reclaim the presidency, Mr. Trump has now established himself as a transformational force reshaping the United States in his own image. Populist disenchantment with the nation’s direction and resentment against elites proved to be deeper and more profound than many in both parties had recognized. Mr. Trump’s testosterone-driven campaign capitalized on resistance to electing the first woman president.
Persons: Kamala Harris, Donald J, Trump, Organizations: White, Electoral College Locations: America, United States
Donald Trump declared victory in the presidential election early Wednesday morning, as the Republican led Kamala Harris in projected Electoral College votes in the presidential election. Neither Trump nor Harris has secured the 270 Electoral College votes needed to win the White House, but after NBC News projected he will win Pennsylvania, the former president was just four electoral votes short of that goal. "I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president," Trump told supporters at the West Palm Beach, Florida, Convention Center, where he was flanked by family members and top members of his campaign. "We're going to help our country heal," Trump said. "We're going to fix everything about our country."
Persons: Donald Trump, Kamala Harris, Trump, Harris Organizations: Republican, Electoral, White, NBC News, Pennsylvania, Convention Locations: Palm Beach , Florida
Business leaders have been reacting to Donald Trump's presidential election victory. Silicon Valley was politically divided in the run-up to the election. Throughout the campaign, Silicon Valley has been divided on which candidate to back. Although Silicon Valley has historically leaned left, some of tech's biggest names, including Tesla CEO Elon Musk and venture capitalist David Sacks, tilted right this election season. Here is what some of the wealthiest and most influential business figures have to say about the election outcome.
Persons: Donald Trump's, , Elon Musk, David Sacks, Harris, VCs, Trump, Joe Biden's Organizations: Service, Fox News, CNN, Trump, Electoral, Tesla, Labor Locations: Silicon, Ukraine
Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. Posting on X, Zelenskyy praised Trump on his "impressive election victory" and said he was optimistic that he and the former U.S. president, who has threatened to cut Ukraine funding quickly if re-elected, could work together toward peace in Ukraine. That would make it easy for a Republican administration to block future military funding for Ukraine. The U.S. election, and the future of that funding and support, was seen as a make-or-break moment for Kyiv. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.
Persons: Donald Trump, Volodymyr Zelenskiy, Shannon Stapleton, that's, Volodymyr Zelenskyy, Trump, Kamala Harris, Zelenskyy, Trump's, Vladimir Putin, Chris McGrath, J.D, Vance, wouldn't, Organizations: Ukraine's, Trump, Reuters, U.S, NBC News, Electoral, White, U.S . House, Ukraine, Analysts, Russian, CNBC, Kyiv, Republicans, Democrats, Getty Locations: New York City, U.S, Reuters Ukraine, Ukraine, Russia, United States, America, Kyiv, Ukrainian, Helsinki, Finland, Moscow
Tesla stock surged 12% in premarket trading following Trump's election victory. Musk's big bet on Trump has boosted analysts' confidence in Tesla's future prospects. AdvertisementElon Musk's big bet on Donald Trump is already paying off for Tesla. AdvertisementIn his victory speech early Wednesday, Trump paid tribute to Musk's efforts, calling him a "super genius" and a "new star." Trump win an 'overall negative' for EV industryDespite the surge in Tesla shares, Trump's victory could be bad news for the wider EV market.
Persons: Elon Musk, , Elon, Donald Trump, Dan Ives, Musk, Gene Munster, Munster, Trump, Tesla's robotaxis Garrett Nelson, Ives, Nelson, Tesla, BYD Organizations: Trump, Service, Fox News, CNN, Electoral, Wedbush Securities, Tesla, Deepwater Asset Management, EV company's, Tesla's, CFRA Research, EV, Business Locations: Tesla, Butler , Pennsylvania, China
AdvertisementThe 2024 presidential election has been called, and this year voters had the option to follow along with AI-enabled search tools. AdvertisementOpenAI's ChatGpt-4o, Perplexity AI, Google Search and Google Gemini, Microsoft's consumer CoPilot, and X's Grok were prompted with the following questions:Who will win the presidential election? Who won the presidential election? The top of the AI search results included the latest news articles about the election and a ticker for the Electoral College. Perplexity AI's election tool answers a question about the 2024 Presidential election.
Persons: ChatGPT, Copilot, , OpenAI's, X's Grok, Elon, Grok, Douglas Adams, Elon Musk, Helen Li, Perplexity, Kento Morita, Morita Organizations: Google, Service, Associated Press, Reuters, Business, Trump, Microsoft, Gemini, Electoral College
West Palm Beach, Florida CNN —Donald Trump began his political comeback when many in his own party wanted him to go away. A lineup of former allies, including Trump’s first vice president, Mike Pence; ex-political protege Florida Gov. Trump’s political team seized on their change in fortune, selling T-shirts with his mug shot and consolidating support throughout the country. Trump’s campaign had made substantial gains among every demographic his campaign set out to find new votes. “They came from all quarters: Union, nonunion, African American, Hispanic American, Asian American, Arab American, Muslim American,” Trump said in his victory remarks.
Persons: Palm Beach , Florida CNN — Donald Trump, underwhelmed, Trump, , ” Trump, Jill Stein, , Brian Hughes, Susie Wiles, Chris LaCivita, Trump’s, Susie, Chris, Joe Biden, Rather, Kamala Harris, Mike Pence, Ron DeSantis, Nikki Haley, , Wiles, Palm Beach . Wiles, Haley, Joe Rogan —, Alex Bruesewitz, Barron, Biden, Ronna McDaniel, McDaniel, James Blair, “ We’re, Charlie Kirk, Elon Musk, Musk, Kirk, CNN’s David Wright Organizations: Palm Beach , Florida CNN, White, Sun, Republican, Detroit, Green, Democratic, Republican Jewish Coalition, Electoral, Republican Party, GOP, Gov, United, Nazi, Mar, Michigan autoworkers, Social Security, CNN, RNC, Trump, America PAC, Musk’s, Madison Locations: Palm Beach , Florida, Palm Beach, Midwest, Israel, Florida, Trump, American, Iowa, Vermont, Washington, DC, Michigan, Bronx, Nevada, Philadelphia, Arizona, Puerto Rico, Arab
Pre-election polling showed her race against former President Donald Trump could be the closest in history. Bucks County, Pennsylvania: Pennsylvania Gov. Montana: Sen. Jon Tester, a Democrat, is facing an even tougher challenge in Montana, a state Trump carried by over 16 points in 2020. AdvertisementCalifornia 22nd: Rep. David Valadao is one of 18 House Republicans representing a district President Biden won in 2020. Valadao is also one of the only two remaining House Republicans who voted to impeach Trump after the January 6 Capitol riot.
Persons: Kamala Harris, Donald Trump, , Kamala Harris upended, Gallup, It's, Trump, Harris, Biden's, Obama, Carter, Josh Shapiro, Hillary Clinton, Biden, Doug Ducey, Mark Blumenthal, Blumenthal, they're, Elissa Slotkin, Mike Rogers, Rogers, Slotin, Sen, Sherrod Brown, Bernie Moreno, Brown, AdImpact, Moreno, Montana : Sen, Jon Tester, Tim Sheehy, Sheehy, Tester, David Schweikert, Katie Hobbs, Mark Kelly, Shah, Marc Molinaro, Josh Riley, David Valadao, Valadao, Rudy Salas Organizations: Service, White House, White, Electoral, North, Bucks, Pennsylvania, GOP, Democrats, Biden, Republican, Netflix, Senate, Michigan, Trump, Democrat, Cleveland, Ohio Senate, Montana :, Republicans, Rep, Gov, . New York, Democratic, Former Locations: Pennsylvania, New York, California, Michigan , Wisconsin, North Carolina, Georgia, Nebraska, Bucks County , Pennsylvania, Philadelphia, Waukesha County , Wisconsin, Milwaukee, Clinton, Maricopa County , Arizona, Phoenix, Ohio, Montana, Arizona, Scottsdale, . New
Voting has now wrapped up in all seven swing states and most others. But no swing states have been called, and the race will hinge on their results. Bomb threats roiled polling places in swing states, including Georgia, Arizona and Michigan. Though the election is by no means over, Mr. Trump is showing strength, winning states like Texas and Florida easily. Democrats will have to run the tables in the Republican states of Ohio and Montana to maintain their one-seat control of the Senate.
Persons: Lisa Blunt Rochester, Angela Alsobrooks, Donald J, Trump, Kamala Harris, Jonathan Weisman, Harris, , Ms, Rick Scott, Larry Hogan, Jim Justice, Joe Manchin III, Organizations: Electoral, Mr, Republican, Senate, Republicans, Democratic National Committee, Washington , D.C Locations: Delaware, Maryland, Ohio, Montana, — Arizona , Wisconsin, Georgia, North Carolina , Pennsylvania, Michigan, Nevada, Arizona, Texas, Florida, Mar, Washington ,
Kalshi and Polymarket catapulted to the most downloaded free apps on the Apple App Store on Tuesday. Kalshi and Polymarket show Trump favored to win the Electoral College, with Harris expected to win the popular vote. AdvertisementKalshi and Polymarket zoomed to the top of the Apple App Store on Tuesday amid a surge in election betting in the waning days of the 2024 US presidential campaign. Kalshi's ascent in the Apple App Store rankings represented a key goal being reached for the company's CEO, Tarek Mansour. 1 for the entire App Store by Election Day, so the demand curve truly is exponential," Mansour told CNBC last month.
Persons: Kalshi, Trump, Harris, , Tarek Mansour, we're gunning, Mansour, Polymarket, Donald Trump, Kamala Harris Organizations: Apple, Electoral, Service, CNBC, Electoral College Locations: Polymarket
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's the easiest path to victory for each presidential candidateCNBC's Eamon Javers reports on the road to 270 electoral college votes.
Persons: Eamon Javers
Solar stocks sold off overnight as investors see Donald Trump leading in the U.S. presidential election. Solar stocks are falling on fears that a possible Trump victory would spell trouble for the Inflation Reduction Act, which has fueled a clean energy boom in the U.S. through tax credits to expand solar energy. The benchmark Invesco Solar ETF was down 7% in overnight trading on brokerage Robinhood. The solar panel manufacturer First Solar tumbled 8% overnight. Residential solar stocks Sunrun and Sunnova fell 6% and 2.6%, respectively.
Persons: Donald Trump, Trump, Sunnova, Nextracker, Joe Biden's, Kamala Harris, Jen O'Malley Dillon Organizations: U.S, Green New, NBC News, Trump, Republicans Locations: U.S, North Carolina, Pennsylvania, Michigan, Wisconsin
Polls close Tuesday night, but it's unclear when we'll know the results of the 2024 election. Some states' election laws allow for some votes to be counted before polls close; others do not. Here's where things stand — and what to watch for on election night. 7 p.m. — Polls close in Georgia, where a winner could be declared by late Tuesday night. AdvertisementThe winner must get at least 270 electoral votes — a majority of the 538 total.
Persons: we'll, , Kamala Harris, Donald Trump, Joe Biden, Harris, Trump Organizations: Service, Keystone State, Pennsylvania, CNN, College, Electoral, Trump, Sun Locations: Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Time, North Carolina, Pennsylvania . Michigan, Pennsylvania, Democratic, Milwaukee, Nevada, Pennsylvania , Michigan, Arizona , Nevada , Georgia
Which states will decide the election? These seven states, which account for 93 electoral college votes, are likely to decide the winner of the election. Harris needs 44 of these battleground electoral votes to win the election, assuming both candidates win all of the states where polls show them with significant leads. Trump needs 51.
Persons: Harris Organizations: Trump
The state is a key component in Ms. Harris’s clearest path to victory — wins in Wisconsin, Michigan and Pennsylvania. It has the potential to be the winning candidate’s “tipping-point” state (like it was in 2020), putting him or her over the top in the Electoral College.
Organizations: Electoral College Locations: Wisconsin , Michigan, Pennsylvania
How CNN projects elections
  + stars: | 2024-11-05 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +14 min
CNN —Millions of Americans will be tuning in to CNN and other networks on election night as returns roll in. They’ll be waiting to see who wins, something CNN will determine with a series of projections. I talked to Jennifer Agiesta, CNN’s director of polling and election analytics, about how CNN approaches the job of projecting a winner. But it tends to be after Election Day in a place like Pennsylvania. Is there a precedent in your career for a race that’s this close heading into Election Day?
Persons: They’ll, Jennifer Agiesta, It’s, that’s, they’re, what’s, We’ll, Carter Smith, There’s, we’re, they’ll, we’ll, Megan Varner, Donald, Trump, Kamala, Harris, it’s Clark, That’s, I’m Organizations: CNN, White, Democratic, Republican, Bloomberg, Getty, Reuters, Democrat, New, Electoral College Locations: Houston, Pennsylvania, Arizona, Nevada, Georgia, North Carolina, Atlanta, Nevada , Michigan, Wisconsin, Maricopa, In Nevada, Washoe, Milwaukee, Dane County, Grand Rapids, Kent County, Michigan, Florida . New Mexico, New Hampshire
Bitcoin, an asset tied to a Trump victory given the candidates courtship of the industry, soared to a record $75,000 . Heading into the election, investors and analysts pointed to several stocks and sectors that could benefit from a Trump win. Here's a roundup of some of those: Steel stocks If Trump regains the presidency, JPMorgan expects steel stocks to outperform . Related stocks that could outperform under a Trump victory include Nucor , Cleveland-Cliffs , Kaiser Aluminum and MP Materials , according to Peterson. Supporters of Trump have also used the stock as a way to invest in a Trump victory.
Persons: Donald Trump ., Trump, Kamala Harris, Here's, Bill Peterson, Peterson, UBS's, Goldman Sachs, Strategas, Lazard, Wolfe, Tesla, Elon Musk's, Marion Laboure, bitcoin, Nic Puckrin, David Zerzos, Zerzos, Marcelli, Seth Seifman, Russell, Joe Biden, IWM, , Halliburton, Trump's, ULTA, Michael Bloom, Sean Conlon, Alex Harring, Fred Imbert, Pia Singh Organizations: U.S, NBC, Stock, Dow Jones Industrial, Trump, JPMorgan, Aluminum, Financials Bank of America, of America, UBS's Trump, UBS, Swiss, Citigroup, Citizens, Wolfe Research, GOP, Trump Media & Technology, Trump Media, ISI, Deutsche Bank, Investors, Jefferies, Military, Strategas, Gas Energy, Evercore ISI, Exxon Mobil, Halliburton, Companies Locations: Nucor, Cleveland, U.S, China, U.S . Southern
Former President Donald Trump's campaign spent the final Sunday of the 2024 election on all-too-familiar turf: responding to the reaction to the candidate. Just hours earlier, Vice President Kamala Harris, the Democratic nominee, made a very traditional — and politically safe — appearance on NBC's "Saturday Night Live." Trump campaign aides did not respond to a request for comment. Rob Godfrey, a South Carolina-based Republican strategist, said Trump has handed Harris gifts by playing into her strategy. Last week, Democrats had to perform clean-up duty on a surrogate who has largely been absent from her campaign: President Joe Biden appeared to say Trump's supporters are "garbage."
Persons: Donald Trump's, Trump, Steven Cheung, Kamala Harris, Harris, Maya Rudolph, , Rob Godfrey, ” Godfrey, ” Trump, Faiz Shakir, Sen, Bernie Sanders, He's, Shakir, Joe Biden, Virginia —, Deshaun, , ” Hall Organizations: Sunday NBC, Democratic, White, Electoral College, NBC News, — Trump, Trump Locations: Lancaster, Pennsylvania, Tuesday's, South Carolina, Puerto Rico, Washington, New Mexico, Virginia
Let’s get one thing straight: The polls can’t tell us who is going to win the presidential election. The race is that close and uncertain, and polls in previous election cycles have been that far off the mark. With those caveats out of the way, let’s not ignore the consistent storylines in the polls that have defined the political forces shaping the election. It's not the -33 net rating he had heading into his first presidential election in 2016, but it's not what successful presidential candidates have typically enjoyed, either. And whether he was running against Biden or against Harris, Trump's biggest issue advantage has long been on the border and controlling immigration.
Persons: Let’s, let’s, Donald Trump, Kamala Harris, Harris, What’s, Roe, Wade, Trump, they’ve, Joe Biden, , It's, Trump's, they've, Biden, — Harris ’, Trump’s, Harris ’ Organizations: NBC News, Trump, October’s NBC, NBC, Telemundo, CNBC, Black, Electoral College, Biden, Democratic Locations: October’s
The Polymarket "whale" betting on a Trump win had about $3 million in unrealized losses Monday morning. The person controls a significant portion of contracts tied to a Trump win, with about $30 million wagered. AdvertisementThe "whale" placing big bets on Polymarket for Doland Trump to win the presidential election is in the red after betting odds shifted toward Kamala Harris' over the weekend. The Polymarket whale had unrealized gains of about $10 million toward the end of October before Trump's betting odds began to sink. According to data from Polymarket, Théo controls about 25% of the contracts for Trump to win the Electoral College and more than 40% of the contracts for Trump to win the popular vote.
Persons: bettor, , Doland Trump, Kamala Harris, Théo, Harris, he'd, Trump Organizations: Trump, Service, Business, Iowa, Wall Street, Electoral College Locations: Polymarket, France
That’s all it is,” Trump said, as he vowed to launch a massive deportation effort. Trump was closing his third presidential campaign Monday with the same anti-immigration rhetoric that he used to launch his first White House bid. “Four years of Kamala have delivered nothing but economic hell for the American workers,” Trump said. It was a long discussion that is contrary to previous messaging from Trump and his campaign, which has encouraged people to vote early. One way, there’s only one way.”He added, “We have to win the old fashioned way and then fix it.
Persons: Donald Trump, , Kamala Harris, Trump, ” Trump, Megyn Kelly, Kelly, Kamala, , They’ll, Roberto Clemente, Harris, Joe Biden Organizations: CNN, Trump, Republican, Pittsburgh Pirates, Sun Locations: United States, Pennsylvania, Colorado, Springfield , Ohio, Mexico, China, Pittsburgh, North Carolina, Michigan, Puerto Rican, Keystone, Michigan , Pennsylvania, Wisconsin, Arizona, Georgia, Nevada
CNN —The deep mistrust between conservatives and Republican election officials in Georgia is hampering efforts to slow the tide of election misinformation swirling in this pivotal battleground state. Our systems are secure and our people are ready.”The best sources of accurate and timely election information have been state and election officials. But plenty of conservatives simply don’t believe what election officials are sharing, even when it is backed up by other sources. We have safeguards to protect elections from fraud.”Among Georgia state officials, there’s obvious frustration with the local conservative agitators. Janice Johnston, one of the conservative members of the Georgia State Election Board, recently posted “Danger!
Persons: Brad Raffensperger, Kylie Jane Kremer, Gabriel Sterling, Raffensperger —, Donald Trump —, Joe Biden, ” Raffensperger, , Karli Swift, Amy Kremer, Kylie Jane Kremer’s, Sterling, , ” Sterling, Trump, ” Cleta Mitchell, Steve Bannon’s, Janice Johnston, that’s, ” Johnston, Johnston Organizations: CNN, Republican, Trump, Infrastructure Security Agency, Peach, Georgia GOP, CNN Conservatives, Republicans, Republican National Committee, Board Locations: Georgia, Russian, Atlanta, DeKalb County, , Fulton County, Gwinnett, Fulton
The only thing that matters is getting to 270 electoral votes through the Electoral College. Meanwhile, 219 electoral votes seem to be leaning in the former president’s direction. Closing off the ‘blue wall’Looking at those battleground states, Harris has the easier path than Trump to getting to 270 electoral votes. She could win by corralling Michigan (15 electoral votes), Pennsylvania (19 electoral votes) and Wisconsin (10 electoral votes). But the bottom line is this election is most likely going to come down to five states … or maybe six.
Persons: Kamala Harris, Donald Trump, Hillary Clinton, Al Gore, Harris, there’s, Ann Selzer’s, corralling Michigan, Jacquelyn Martin, Clinton, Joe Biden, Trump, Biden, Trump’s, Chip Somodevilla Organizations: CNN, Electoral, Congressional District, Trump, Ann Selzer’s Des Moines Register, corralling, Southern Sun, State, North, Georgia, Democratic, North Carolina, Silver State Locations: Georgia, Michigan, North Carolina , Pennsylvania, Wisconsin, Arizona, Washington, Ann Selzer’s Des, Iowa, Pennsylvania, Madison , Wisconsin, North Carolina, Trump, Southern, Greensboro , North Carolina, Nevada, , Arizona, Arizona . Arizona, Silver
Just 2% of voters say they’re unsure about the choice. Trump, meanwhile, leads among rural voters (75%-23%), white voters (56%-42%) and white voters without college degrees (64%-34%). This net gender gap of 34 points is larger than the 30-point gap in October’s NBC News poll. That’s a significant change from the final 2020 NBC News poll, when Biden was ahead of Trump by more than 20 points among these voters. And when it comes to the battle for Congress, 47% of voters say they prefer Democrats control Congress, while 46% want Republicans in charge.
Persons: Kamala Harris, Republican Donald Trump, Harris, Trump, , Joe Biden’s, , Jeff Horwitt, Bill McInturff, We’ve, we’ve, McInturff, — Trump, Biden, — Harris, they’ve, Trump’s, That’s Organizations: NBC, Republican, White, Trump, Democratic, Hart Research Associates, Republicans —, Democrats —, Electoral, Black, The NBC, Biden, Republican Party Locations: Michigan, Pennsylvania, Wisconsin, U.S
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