Tesla's stock jumped by 8% on Monday, continuing last week's rally following Donald Trump's re-election.
The company's market valuation surpassed $1 trillion, showcasing investor confidence in the company.
Elon Musk, Tesla's CEO, played a crucial role in Trump's campaign as a notable supporter and financial backer.
Analysts attribute part of Tesla's success to Musk's close relationship with Trump, fueling optimism among investors.