TSL "five days big pump 40%" bearish traders blood loss, Musk's wealth increased by 70 billion US dollars, sitting firmly on the throne of the richest.

After Trump's election, TSL CEO Musk, who supports him, is one of the biggest winners. TSL's stock price rose 8.96% on Monday, and the cumulative increase since the election has exceeded 40%, making Musk's net worth increase by about $70 billion during this period, firmly sitting as the world's richest person, leading the world's second richest person, Oracle founder Larry Ellison, by nearly $90 billion. (Previous summary: Trump and Musk teamed up to take down TSLA bearish traders! Hedging funds suffered losses of over £500 million) (Background information: Can Trump's call for Musk to establish the 'DOGE Government Efficiency Commission' really change the inefficient operation and save costs of the U.S. government?) Since Trump's victory, the stock price of TSL, the number one campaign contributor, has been soaring. On Monday, the stock price rose 8.96% to $350, and the cumulative increase since the election has exceeded 40%. The market cap has increased by over $300 billion, surpassing the $1 trillion mark once again, achieving the largest five-day cumulative increase in nearly four years. Source: Google According to Forbes data, Musk's wealth has increased by about $70 billion since Trump's victory last week, and his net worth has increased to $320 billion, surpassing the world's second richest person, Oracle founder Larry Ellison, by nearly $90 billion, completely overwhelming the $146.8 billion assets of the seventh richest person in the world, Warren Buffett. With TSL's big pump in stock price, short sellers have suffered significant losses. According to Business Insider, S3 Partners statistics show that TSL bearish traders have already lost $7.8 billion on paper after the election. S3 Partners' Head of Predictive Analytics, Ihor Dusaniwsky, predicts that the pain for TSL bearish traders may not be over yet: the short-selling wave may continue, with TSL being shorted by about 2.4 million shares in the past month, and the skyrocketing stock price will undoubtedly force many short orders to cover. According to S3 Partners statistics, after Trump's victory, the short side has covered about 1.22 million shares of TSL stock, and currently, 3% of TSL's outstanding shares are shorted, with a short order open position size of $25.6 billion, second only to Apple's $29.7 billion and Nvidia's $38.5 billion. TSL's prospects are optimistic. Wedbush analyst Daniel Ives believes that Trump's entry into the White House will greatly change the situation for TSL's self-driving and AI efforts. He has raised TSL's target price from $300 to $400 and maintained a buy rating, estimating that only considering TSL's AI and self-driving opportunities, it is worth $1 trillion. Steve Sosnick, Chief Strategist at Interactive Brokers, said that Musk's full support for Trump's campaign makes it understandable why the market sees TSL as a beneficiary. In addition, the market is enthusiastic about buying on dips and chasing rising prices, often leveraging or using options, resulting in nearly absurd price increases. A favorable regulatory environment theoretically will provide assistance to TSL's self-driving technology development. Morgan Stanley also released a report analyzing that Musk has publicly expressed his support for Trump multiple times during this U.S. presidential election, and now that Trump has won, Musk has also transformed from an outsider in politics to a person with the right to speak on potential new policies of the new government. Morgan Stanley stated that in the past week, investors' perception of Musk has changed significantly, and TSL's stock price has also surged by over 40%, reaching a two-year high. At the same time, the market is also concerned about TSL's developments beyond the automotive business, such as car sales and Cybertruck. Looking ahead to next year, Morgan Stanley expects TSL's overall potential market to expand into broader areas. The United States will strengthen the development of electric vehicles, autonomous driving, robotics, renewable energy, etc., which to some extent may accelerate TSL's journey beyond the automotive business. Related reports: Trump's full speech after announcing his election victory: I love Musk, he is a star born, making America great again Musk, who gives away $1 million every day, is indeed sued! Prosecutor sues: illegal lottery intervention in presidential elections Musk shouts for a pump effect, 'DOGE big pump 17%', over 40 million Americans have already voted in advance. <TSL 'five-day big pump 40%', bearish traders suffer, Musk's wealth increases by $70 billion, firmly holding the position of the richest> This article was first published on BlockTempo, the most influential blockchain news media on DQ.com.