Overview

• Elon Musk's net worth increased by $70 billion following Tesla's stock surge after Trump's election victory.
• Tesla and Ford have denied AI-generated rumors suggesting Tesla's acquisition of Ford, highlighting the impact of misinformation.
• Musk played a significant role in Trump's campaign, particularly in Pennsylvania, using his influence and resources to mobilize voters.
• Ford is facing challenges in the EV market, temporarily halting production of its F-150 Lightning due to low demand.
• Musk's involvement in Trump's circle has raised expectations of reduced regulatory hurdles for his business ventures.