$SPCX Why haven't Tesla and Rocket rebounded along with U.S. stocks after the election?

After this election, the market has clearly diverged: many U.S. assets have begun to recover, but Tesla and Rocket have lagged noticeably and even continued to come under pressure.

The reasons are not hard to understand. Musk previously spent heavily to support Republican candidates, and now that Democrats have won both chambers of Congress, the market is naturally reassessing the political and regulatory risks facing his companies. Before the election, Democratic lawmakers had already publicly discussed investigating Musk, DOGE, and related government contracts.

This also means Tesla could face tougher scrutiny of its autonomous-driving business, while SpaceX could attract more attention over government contracts, defense projects, and related partnerships.

Today's market performance reflects these concerns: Reuters reported that Tesla and SpaceX fell by around 4.5% to 5% at one point during European trading, significantly underperforming some of the major tech stocks.

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