Shares in Elon Musk’s EV company jumped 13% Wednesday, bucking a wider industry selloff. The move reflects bets that Tesla and Musk will benefit from a second Trump presidency. Musk became a major ally and donor for Trump this year, frequently voicing his support for the Republican candidate on the campaign trail and his social-media platform, X. The multibillionaire spent election night at Trump’s Florida Mar-a-Lago Club with the candidate’s family.