Less than two months ago, shares of Tesla Inc. were on their way to just the third losing year in the electric-vehicle maker’s decade-and-a-half as a public company. But after a furious rally in the last seven weeks,

President-elect Donald Trump laughed off liberal angst over tech mogul Elon Musk’s growing political influence and affirmed that the space and Tesla guru won’t be president.

The forthcoming President of the United States, Donald Trump, has weighed in on rumours that the Tesla CEO and owner of X (formerly Twitter) may one day be in office. Trump won the latest U.S. election by a landslide, beating Democratic candidate Kamala Harris and was publicly supported by Musk.