The dust has settled on the U.S. election, and former President Trump has secured an early victory. However, the biggest winner in this battle for the White House may not be Trump, but rather his major backers and &#34;trailblazer&#34; Elon Musk.On November 6th local time, Musk's &#34;die-hard fan,&#34; Dan Ives, an analyst at the American investment bank Wedbush, tweeted candidly expressing his optimism for Musk and Tesla:<blockquote>The biggest beneficiary of Trump's victory will be Tesla/Musk.We believe that Trump's victory will be negative for the electric vehicle industry, as electric vehicle discounts/tax incentives will be eliminated, but the impact on Tesla will be positive, as Tesla has a significant advantage in scale/price.Trump's victory could lead to a $40-50 increase in Tesla's stock price.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/dc3d1994-57fd-4c9b-853c-6e5e3a3c72c5.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/dc3d1994-57fd-4c9b-853c-6e5e3a3c72c5.png"/></blockquote>Tesla's market value has increased by $300 billion since its low point in April. Additionally, since Musk publicly expressed his support for Trump on his social media platform X, Google users' search interest in him has doubled. Analysts predict that this election will bring more car sales for Tesla, more advertising orders for X, and more support for Musk's American aerospace company, SpaceX.The benefits don't stop there; after Trump's victory, Musk's political resources will be significantly enhanced. In contrast, if Harris wins, as Musk previously joked, he might end up in jail.Since July of this year, Musk has officially joined Trump's camp, betting nearly all his wealth on Trump's victory, and three months later, this gamble has finally paid off handsomely.When asked how Musk feels about it, just look at the tweet he posted today:<blockquote>The future will be very bright! (Musk also kindly gave Trump a &#34;big rocket&#34; emoji)<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a55fec0b-3750-49c1-8cb1-40e07c94a7be.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a55fec0b-3750-49c1-8cb1-40e07c94a7be.png"/></blockquote><h2>Tesla Continues to Open Up Imagination Space</h2>Trump may accelerate the introduction of measures supporting autonomous driving technology after taking office, which would be a significant boon for Tesla, which focuses on Full Self-Driving (FSD) technology.Additionally, Trump's advocacy for significantly increasing tariffs may further restrict the influx of affordable foreign electric vehicles into the U.S., helping Tesla maintain its leading position in the U.S. market (with a market share exceeding 50%).It is worth mentioning that even if Harris wins the election, Tesla could still benefit, as the Democratic Party advocates for clean transportationTherefore, no matter who wins, Tesla is the winner.Before Election Day, Ives gave Tesla an &#34;outperform&#34; rating with a target price of $300, about 20% higher than Tesla's closing price on Tuesday.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/9b9ab184-196e-447a-b825-8e21184947e1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/9b9ab184-196e-447a-b825-8e21184947e1.png"/>According to the rating site Tipranks, Ives' view is supported by 10 other analysts, while another 16 analysts believe it should be held, and 8 analysts believe it should be sold, thus Tesla received a general rating of &#34;hold.&#34;<h2>One Step Closer to the &#34;Mars Dream&#34;</h2>From the space market perspective, Trump's victory would also bring many benefits to Musk.Musk has stated that under a Democratic administration, the possibility of SpaceX achieving the &#34;Mars Dream&#34; is slim, while under a Republican administration, the support SpaceX receives from government agencies may be greater.However, regardless of the election outcome, NASA and SpaceX are closely linked.According to federal records, since 2019, NASA has incurred nearly $10 billion in debt to SpaceX. However, if Harris takes office, she may not agree to take on such a large debt for SpaceX.<h2>Political Capital Expansion, Musk Hints at Entering Politics?</h2>If Trump brings Musk into a government position, Musk could transform from a business magnate into a political heavyweight.Trump previously mentioned that if he returns to the White House, he would ask Musk to lead a Department of Government Efficiency. Musk later responded that if Trump is elected, he could find $2 trillion in cuts within the government budget, fundamentally reshaping government spending.After today's election, Musk posted a meme of himself &#34;holding a sink in the presidential office&#34; on the X platform, captioning it &#34;Let it sink in,&#34; implying a hint towards entering politics. In 2022, when Musk took over Twitter, he promised to make layoffs and entered the Twitter building holding a sink.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e849b547-d89a-443a-b8f1-e2eee96df127.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e849b547-d89a-443a-b8f1-e2eee96df127.jpeg"/>However, entering the government also means that Musk may have to distance himself from Tesla and SpaceX. Without Musk at the helm, Tesla's value is bound to take a hit. Compared to the automotive business, Tesla's stock price increase relies more on Musk's &#34;big vision.&#34; Additionally, unlike executives who can act freely, politicians have to deal with the intricacies of working with Congress, and even the energetic Musk may find it hard to juggle everything.Historically, Musk's political career has not been smooth. The CEO advisory council during Trump's tenure lasted only six months. This council was established at the end of 2016, led by Stephen Schwarzman, chairman and CEO of Blackstone Group, with Musk as a memberEven if Musk gives up his government position, his status as the &#34;number one contributor&#34; to Trump's victory will quickly elevate his political resources.

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Elon Musk's Tesla, X platform, and SpaceX will all benefit from Trump's victory, analyst Dan Ives believes that Tesla's stock price still has a 20% upside potential. As the "number one contributor" to Trump's victory, Musk's political resources will also rise rapidly

- The recent U.S. election results favor former President Trump, with significant implications for Elon Musk and Tesla.  
- Analysts predict that Trump's victory could boost Tesla's stock by $40-50, despite potential negative impacts on the electric vehicle industry overall.  
- Musk's political influence is expected to grow, potentially leading to a government role, while Tesla remains positioned to benefit regardless of the election outcome.

Today's biggest winner: Elon Musk