**Tesla's Stock Soars Following U.S. Election, Predicted Continued Growth**

Tesla (NASDAQ: TSLA) has seen a remarkable rise on Wall Street following the U.S. election, as the stock market reacts to the newly elected President Donald Trump, known to be an ally of Elon Musk. However, according to JPMorgan Industrials Sector Specialist Paige Hanson, Tesla's upward momentum was well underway even before the election results.

Hanson pointed out in a note on Tuesday that Tesla was on a "glide path" toward significant gains due to strong performance metrics revealed in their Q3 earnings. The company showed a substantial improvement in its automotive margin and had a strong EPS, even though it fell short on revenue. These positive financial indicators contributed to Tesla's robust market performance.

Over the past five trading days, Tesla's stock surged nearly 20 percent, though it saw a slight dip recently—marking its first decline in over a week. The positive momentum from the earnings call seamlessly transitioned into the following week, with hedge funds and long-term investors optimistic about Tesla's capacity for substantial production growth by 2025.

Hanson emphasized that Trump's election win turned Tesla shares into a prime stock to own, amplifying an already forming positive narrative since the earnings call. Looking ahead, Tesla is poised for further growth with plans to introduce more affordable vehicles in the first half of the next year. Additionally, their energy division is expanding rapidly, with deliveries expected to resume growth after a predicted stagnation in 2024 due to next-gen platform development.

Wedbush analyst Dan Ives also sees the Trump administration as beneficial for Tesla, particularly in the realms of autonomous driving and AI. Ives predicts that the easing of federal regulatory hurdles under Trump's leadership could significantly advance Tesla's initiatives in these areas, potentially valuing the AI and autonomous driving market at $1 trillion for Tesla alone.

The combination of strong financials, strategic growth plans, and an advantageous political landscape suggests continued success for Tesla as it heads into the new year.