The Zhitong Finance App learned that on Wednesday, Tesla (TSLA.US) fell more than 4% before the market and SpaceX (SPCX.US) fell more than 6% before the market. According to the news, the Democratic Party won a landslide victory in the US midterm elections, and Musk donated 445 million US dollars to support the Republican Party in declaring a loss. Market concerns about the Democratic Party sweeping the National Assembly focus on two main lines: First, the Democratic Party tends to implement stricter supervision of AI, which will affect related businesses that Tesla and SpaceX are making every effort to promote; second, resistance at the congressional level may slow down or even hinder the potential merger process of the two companies.

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