We recently published a list of 8 Most Promising Robotics Stocks According to Hedge Funds. In this article, we are going to take a look at where Tesla, Inc.

Tesla surged on Friday, capping a huge week for the EV maker as the stock hit its highest close in over two years. Optimism over CEO Elon Musk’s relationship with President Trump has sent investors into a frenzy,

And on the other hand, Tesla’s CEO Elon Musk invested over $100 million in getting Trump elected despite the fact that he repeatedly said he doesn’t believe in electric vehicles and he wants to remove all those incentives.

Elon Musk’s relationship with President-elect Donald Trump turned out to be an incredible hedge for shares of Musk’s electric-vehicle company Tesla.

According to Forbes’ Real-Time Billionaires list, Musk is currently the only person on the planet who has a net worth over $300 billion and has a wealth of $304 billion.

Tesla shares surged 30% since post the US presidential results. The current trading price of Tesla stock as of now stands at $317.81. On Friday, the counter opened at $299.14 apiece.