Tesla (TSLA 3.07%) is currently the eighth-largest company in the world with a market cap of just over $1.05 trillion as of this writing.The stock underperformed the S&P 500 for the majority of 2024, but it has jumped nearly 50% in the past month. The results of the U.S. elections have helped drive Tesla's share price higher, thanks to the belief that CEO Elon Musk's close relationship with President-Elect Donald Trump could benefit the electric vehicle (EV) manufacturer during the new administration.Howeve ...