Since Election Day, Elon Musk's net worth has risen by $54 billion, bringing his total wealth to $319 billion.
Musk's wealth now exceeds the second-richest person's by over $80 billion.
Ives suggested Musk's influence could lead to favorable trade terms for Tesla in China, Tesla's key market, where it generates one-third of its sales.
Since the election, Tesla has added about $300 billion in market value, equivalent to the combined market caps of Toyota and General Motors.
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