**Tesla Soars Past $1 Trillion Market Value Amid Optimism for Regulatory Support**

Tesla’s market capitalization surged past the $1 trillion threshold during an intense rally, driven by increasing investor confidence in favorable regulatory treatment for CEO Elon Musk's ventures. The surge came as a result of Musk’s perceived alignment with President-elect Donald Trump’s campaign efforts.

The electric vehicle giant's shares saw a boost of over 6%, hitting a two-year high at $315.56. By Thursday’s close, the shares had already achieved a 19.3% increase, propelling Tesla to surpass the $1 trillion market valuation for the first time in more than two years.

Speculation suggests that Elon Musk may leverage his influence to promote more favorable regulations for Tesla's autonomous vehicle technology. Additionally, there could be potential for the US National Highway Traffic Safety Administration to delay enforcement actions related to the safety of Tesla’s current driver-assistance systems, as per a source cited by Reuters.

Musk’s emphasis has shifted heavily toward self-driving technology, moving away from earlier plans to produce a sub-$30,000 economy car. However, ongoing development challenges and regulatory obstacles have delayed the widespread rollout of these innovations.

“Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump's victory will help expedite regulatory approval of the company's autonomous driving technology,” stated Garrett Nelson, a senior equity analyst at CFRA Research.

Tesla’s stocks experienced a significant boost in late October following the announcement of increased quarterly profit margins, largely driven by sales of their lucrative Full Self Driving driver assistance software. For years, Tesla has maintained its position as the world’s most valuable automaker, leaving competitors like Japan’s Toyota Motor and China’s BYD lagging several hundred billion dollars behind.