More analysts are exploringwhat the Donald Trump-Elon Musk BFF situation means for Tesla, which has a market cap back above $1 trillion in the election's wake.
What they're saying: A Deutsche Bank note titled "to the victor belong the spoils" lays out a few ways Trump 2.0 could help Tesla.
The U.S. announced a plan to dramatically expand nuclear power during the next few decades, as electricity demands escalate.
Why it matters: The U.S. faces an increasing electricity demand amid the expansion of data centers used for artificial intelligence, growing use of electric vehicles, building of new manufacturing centers and other trends.
President-elect Trump's shadow looms large at the UN global climate summit that began Monday — but his second term seems to be more motivating than dispiriting for some countries.
Why it matters: Trump's reelection raises the stakes for the gathering, known as COP29, at which leaders must come up with funding that would help developing countries adapt to climate impacts and shift their economies to cleaner energy.
