Tesla hits $1 trillion market value in rally fueled by Trump's election victory
** Shares of electric vehicle maker Tesla TSLA.O rise 6.8% to $317.57, hitting a more than two-year high
** TSLA hits $1 trillion market capitalization for the first time since 2022, after Donald Trump elected as U.S. president
** Tesla CEO Elon Musk's backing of Trump for a second presidency puts the billionaire entrepreneur in a position of influence to help his companies secure favorable government treatment
** Trump has said he would establish a government efficiency commission headed by Musk
** Musk's close ties with President-elect Trump likely to benefit Tesla, analysts have said
** Up to last close, stock up ~19% YTD
Reporting by Jaspreet Singh in Bengaluru
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