Analysis of worldwide Google search data reveals that online searches for “Tesla stock” exploded 278% worldwide on the 20 January, within an hour of Trump’s inauguration.
Analysis by Jeffbet reveals that online interest for buying Tesla stock soared to almost triple the average volume in one day as the co-founder of Tesla accompanied Trump as he was sworn back in as the President of the United States.
In addition, searches for ‘how to buy crypto’ skyrocketed by 447% in the months leading up to the inauguration, with $TRUMP, $MELANIA and $DOGE making significant waves within the crypto landscape.
A spokesperson from Jeffbet said, “Trump’s inauguration was certainly a spectacle to behold, attended by some of the richest people in the world, as they showed support for Donald Trump and looked to potentially gain favour and grow symbiotic business relationships from the new administration.
“Investors will certainly have a lot to gain following the inauguration, with sentiment surrounding Tesla stock spiking during the ceremony. The projects that have been mooted by the new administration, and the formation of the DOGE (Department of Government Efficiency) will no doubt cause a ripple effect for Tesla, and may cause serious fluctuations in stock prices over the coming months”
“With tech giants such as Bezos, Zuckerberg, and Musk in attendance at the inauguration, the American public turns its attention to the stock market, as confidence and optimism surrounding the economy appear to be growing.
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