Macro Finance
Musk’s Tesla, SpaceX Slide as Democrats Sweep Congress
Bloomberg Markets·November 4, 2026·1 min read
Democrats swept to control of the US Congress in a midterm landslide, weighing on the shares of Republican megadonor Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. ahead of Wednesday’s open. Investors anticipate potential policy shifts, including stricter regulation and tax changes, that could impact Musk’s companies.
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