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    Tesla’s Stock Jumps After Trump’s Victory

    Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.Elon Musk defied conventional corporate wisdom by committing wholeheartedly to Donald J. Trump’s presidential campaign, donating tens of millions of dollars and running a get-out-the-vote drive.Now that bet has paid off, giving Mr. Musk a direct line to the White House that he may be able to use to bend policy in ways that could benefit Tesla, his electric car company. Mr. Trump has even bandied the idea of appointing Mr. Musk to head a “government efficiency” commission.One indication of how much Tesla could benefit was evident on Wall Street Wednesday morning, when the company’s share price jumped about 10 percent.It is too early to say how much of Mr. Musk’s newly acquired political capital he will allocate to Tesla as opposed to his other businesses like SpaceX, a major government contractor, or xAI, an artificial intelligence start-up.But investors clearly believe that a Trump administration will be good for Tesla, despite the president-elect’s often-expressed disdain for electric vehicles and renewable energy.Mr. Musk’s top priority is likely to be easing regulations on self-driving software that he has described as pivotal to Tesla’s future. That could include pressuring the National Highway Traffic Safety Administration to be less aggressive in scrutinizing the company’s technology. The safety agency is investigating whether a Tesla system that the company calls “full self-driving (supervised)” was responsible for four collisions, including one that killed a pedestrian.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    ‘Trump’s America’: His Comeback Victory Signals a Different Kind of Country

    In her closing rally on the Ellipse last week, Kamala Harris scorned Donald J. Trump as an outlier who did not represent America. “That is not who we are,” she declared.In fact, it turns out, that may be exactly who we are. At least most of us.The assumption that Mr. Trump represented an anomaly who would at last be consigned to the ash heap of history was washed away on Tuesday night by a red current that swept through battleground states — and swept away the understanding of America long nurtured by its ruling elite of both parties.No longer can the political establishment write off Mr. Trump as a temporary break from the long march of progress, a fluke who somehow sneaked into the White House in a quirky, one-off Electoral College win eight years ago. With his comeback victory to reclaim the presidency, Mr. Trump has now established himself as a transformational force reshaping the United States in his own image.Populist disenchantment with the nation’s direction and resentment against elites proved to be deeper and more profound than many in both parties had recognized. Mr. Trump’s testosterone-driven campaign capitalized on resistance to electing the first woman president.And while tens of millions of voters still cast ballots against Mr. Trump, he once again tapped into a sense among many others that the country they knew was slipping away, under siege economically, culturally and demographically.To counter that, those voters ratified the return of a brash 78-year-old champion willing to upend convention and take radical action even if it offends sensibilities or violates old standards. Any misgivings about their chosen leader were shoved to the side.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    How Trump’s Win Helps Him Fight Off His Legal Charges

    By triumphing at the ballot box, Donald Trump can dispense with federal charges against him while postponing or derailing other pending cases that have dogged him.For all that former President Donald J. Trump’s election to a second term was a remarkable political comeback, it was also the culmination of an audacious and stunningly successful legal strategy that could allow him to evade accountability for the array of charges against him.The string of accusations lodged during the two years of Mr. Trump’s candidacy, seemingly enough to end the career of almost any politician, became in his hands a fund-raising bonanza and a rallying cry, a deep pool of fuel for his rage and a call to demand retribution. The intensity of his campaign fed off the recognition that his personal freedom could be on the line.He was indicted not just once but twice for plotting to overturn the last election. He was accused of mishandling national security secrets and obstruction. He was found liable for sexual abuse and defamation, and for inflating his net worth. And he was found guilty of criminal charges stemming from a hush money payment to a porn star.Throughout it all, however, starting with his first indictment in the hush money case, legal proceedings that were meant to hold him to account only seemed to strengthen his support. His political standing strengthened, he was relentless in fighting off some charges, delaying a trial on others and banking on the election itself to settle what he could not win in the courtroom.The Justice Department has taken the position under administrations of both parties that prosecutors cannot pursue criminal charges against a sitting president to avoid interfering with his performance of his constitutional duties. That is a legal principle that the Trump administration Justice Department and his defense lawyers will surely press state courts and local prosecutors to adhere to as well.The result is that the decision by voters this week to return Mr. Trump to the White House could lead all or many of the proceedings against him to be postponed or derailed altogether.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump jugó con el miedo y la inseguridad económica. Los votantes pasaron por alto sus escándalos

    La victoria de Donald Trump lo convierte, a sus 78 años, en el hombre de más edad elegido presidente de EE. UU.Donald Trump, en la imagen acompañado de Melania Trump, celebra su triunfo en la noche electoral. Trump volverá a Washington con su partido firmemente en control del Senado tras cuatro años en la minoría. Doug Mills/The New York TimesDonald Trump derrotó a la vicepresidenta Kamala Harris, subido a una ola de inquietud por la inflación y la inmigración ilegal para llevar a la Casa Blanca una política de hombre fuerte, y convirtiéndose en el primer expresidente en más de 120 años que gana un segundo mandato tras una derrota en la reelección.Los votantes eligieron a Trump como el líder más fuerte para tiempos inciertos y como alguien a quien veían como un campeón económico comprobado. Pasaron por alto su condena por 34 delitos graves, su papel inspirador de un asalto al Capitolio y sus imputaciones por cargos de intento de subvertir las elecciones de 2020 y de retención de documentos clasificados.La victoria de Trump en una de las campañas más tumultuosas que se recuerdan —incluidos dos intentos fallidos de asesinato— lo convierte, a sus 78 años, en el hombre de más edad elegido presidente de EE. UU.Dirigiéndose a sus partidarios en Palm Beach, Florida, a primera hora de la mañana, Trump declaró: “Este será recordado para siempre como el día en que el pueblo estadounidense recuperó el control de su país”.Volverá a Washington con su partido firmemente en control del Senado tras cuatro años en la minoría. Eso facilitará su presión para instalar a leales de probada eficacia en su gabinete y en otros puestos de alto nivel del gobierno.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Democrats Got the Recovery They Wanted. It Wasn’t Enough.

    America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.Every major U.S. ally is uncomfortably familiar with one of President Biden’s favorite charts. It is a graph of economic recoveries in the wealthy world since the end of the pandemic recession. It shows growth flatlining for the United Kingdom, Germany and Japan over the past two years — while in the United States, growth keeps rocketing up.That chart helps explain why voters have punished ruling parties in election after post-Covid election around the world. Sluggish growth, coupled with a surge in consumer prices, proved toxic for the Conservative Party in Britain. It helped hobble President Emmanuel Macron’s centrist coalition in France and contributed to Japan’s longtime leaders, the Liberal Democrats, losing their majority this fall.Germany’s governing coalition has been so weakened by recession and so flustered by disagreements over how to revive growth that it teetered this week on the brink of collapse.Advisers to Mr. Biden and to Vice President Kamala Harris, his successor candidate in the presidential election, had hoped that America’s outlier economy would rescue them from a similar fate.It did not.Ms. Harris lost to former President Donald J. Trump. Democrats will spend at least months parsing data for conclusions on what drove the defeat. Certainly, economic factors were only one contributor.But as Europe’s stumbling economies woke on Wednesday to the news of Ms. Harris’s defeat, one thing was immediately clear: America’s growth engine may be the envy of the world, but it is not the envy of the American public.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Alsobrooks Defeats Hogan in Maryland, Keeping a Blue-State Senate Seat

    Angela Alsobrooks, the Democratic Prince George’s County executive, has easily defeated former Gov. Larry Hogan to become Maryland’s first Black senator, according to The Associated Press, holding a crucial seat for her party as it grasps to keep the Senate majority.The victory was an important win for Democrats in the first competitive Senate race in deep-blue Maryland in decades.Ms. Alsobrooks, 53, the top official in a majority-Black Maryland county in the D.C. suburbs, will become only the second woman to represent the state in the Senate.Maryland’s congressional delegation is currently all male. Ms. Alsobrooks will succeed Senator Benjamin L. Cardin, who is retiring after three terms at the age of 81.Along with Representative Lisa Blunt Rochester of Delaware, who has also won her Senate bid, Ms. Alsobrooks will be part of the first pair of Black female senators to serve in the chamber at the same time. They will be the fourth and fifth Black women to serve there in history, after Carol Moseley Braun, Kamala Harris and Laphonza Butler.Ms. Alsobrooks said her top priority in office would be working to pass the Women’s Health Protection Act, and pursuing legislation to try to create economic opportunity for Marylanders.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Republicans Make Early Gain in Push for Control of the Senate

    Senate Republicans picked up a Senate seat in West Virginia on Tuesday night, winning an expected victory that put them just one seat away from seizing control of the chamber from Democrats after four years.Gov. Jim Justice of West Virginia easily won the slot opened up by the retirement of Senator Joe Manchin III, who served most of his career in the Senate as a Democrat before becoming an independent earlier this year. The gain cut into the thin 51-to-49 majority held by Democrats and left Republicans within clear striking distance, though multiple races were yet to be decided.In Indiana, Representative Jim Banks, a Republican and former leader of a House conservative faction, was easily elected to fill the vacancy left by the departure of Senator Mike Braun, a Republican who ran for governor and won. Mr. Banks was considered a rising star in the House but decided to try to join the Senate after he lost an internal G.O.P. election for a leadership post.Senator Rick Scott of Florida, who is seeking to become the Republican Senate leader, was also re-elected, overcoming a Democratic challenge.In Vermont, Senator Bernie Sanders, the 83-year-old independent and former presidential candidate aligned with Democrats, was elected to a fourth term.Democrats were always going to be hard-pressed to hold on to their majority, since they were defending many seats in red and swing states. But they continued to hold out hope that they could prevail if they could run the table and defend their embattled incumbents in states beyond West Virginia or score an upset and knock off a Republican incumbent.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    ¿La Corte Suprema podría decidir estas elecciones presidenciales?

    Los expertos señalan que es poco probable que el tribunal termine ejerciendo un papel importante en el resultado, pero es posible. Te contamos por qué.Es día de elecciones y la contienda entre la vicepresidenta Kamala Harris y el expresidente Donald Trump parece estar empatada, lo que lleva a algunos a temer que la elección se alargue y la Corte Suprema de EE. UU. pueda determinar el resultado.Un puñado de disputas relacionadas con las elecciones ya han llegado a la Corte Suprema. La semana pasada, el tribunal emitió decisiones que permitieron a Virginia eliminar a 1600 personas de su censo electoral, se negó a retirar a Robert F. Kennedy Jr. de la papeleta electoral en dos estados disputados y permitió a los votantes de Pensilvania cuyos votos por correo se habían considerado inválidos emitir votos provisionales en persona.La cuestión sigue siendo si las elecciones presidenciales serán tan reñidas que el tribunal, que tiene una mayoría conservadora de 6-3, se ocupará en los próximos días o semanas de un caso que decida quién ocupará la presidencia.Según los expertos en elecciones, es poco probable que la Corte Suprema acabe desempeñando un papel importante en el resultado, pero es posible. Esto es lo que hay que saber.¿Qué papel podría desempeñar la Corte Suprema?Por lo general, la Corte Suprema ha tratado de mantenerse al margen de las luchas políticas y electorales, y la mayoría de los litigios relacionados con las elecciones permanecerán en los tribunales inferiores. Pero una vez que un caso está en el sistema judicial, es posible que la Corte Suprema decida asumirlo.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More