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Sprout Social Inc develops a cloud software that brings together social messaging, data and workflows in a unified system of record, intelligence, and action. The firm generates majority revenue from software subscriptions.

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EV startup Canoo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) appointed Kunal Bhalla as its Chief Financial Officer on Oct. 31, following the resignation of Greg Ethridge.
What Happened: Bhalla has been with Canoo since late 2020 and served in multiple roles. Before Canoo, he was an investment banker with Rothschild and Co. as a Director of M&amp;A focused on the Mobility Technology sector.
Ethridge&#8217;s resignation was not the sole one recently at Canoo. Hector Ruiz, General Counsel and Corporate Secretary of Canoo, also resigned from the startup on Oct. 31. The company subsequently chose Sean Yan as&nbsp;General Counsel.
Canoo also said that it will temporarily reduce its workforce in Oklahoma City by furloughing 23% of its factory workers for a period of twelve weeks.&nbsp;
Why It Matters: Canoo in September <a href="https://www.benzinga.com/news/24/08/40570834/ev-startup-canoo-follows-teslas-footsteps-to-move-headquarters-from-california-to-texas">named Justin, Texas</a> as its new company headquarters. The company then said that about 137 engineering positions will relocate from California to Texas and Oklahoma beginning in the fourth quarter of 2024 as part of the headquarters relocation.
Canoo&#8217;s finances have recently been under duress. For the <a href="https://www.benzinga.com/news/earnings/24/08/40380998/canoo-reports-q2-results-reduced-expenses-lower-cash-outflow">three months ending June</a>, Canoo reported a revenue of $605,000 and adjusted net loss per share of $0.61. The company had cash, cash equivalents, and restricted cash of just $19.1 million as of Jun. 30.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photo courtesy: Canoo

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EV Startup Canoo To Furlough 23% Factory Workers In Oklahoma City, CFO Departs

AVPT

Reported Earlier, AvePoint Unveils AI Lab In Singapore To Advance AI And Machine Learning In Data Management

Reported Earlier, HUTCHMED To Present Long-Term Data On Sovleplenib For Chronic ITP At 2024 ASH And ESMO Asia Congress

In connection with the private placement, the Company is planning to issue an aggregate of 2,137,850 units. Each unit will be sold at an effective unit price of $4.28 per unit and will consist of one share of common stock (or one pre-funded warrant in lieu thereof), two (2) Series A warrants, each exercisable for one share of common stock at an initial exercise price of $4.03 per share and one Series B warrant at an exercise price of $0.0001 to purchase such number of shares of common stock as will be determined on the Reset Date (as defined in the Series B warrant).&nbsp;
The closing of the private placement is expected to occur on or about November 6, 2024, subject to the satisfaction of certain customary closing conditions.

ZCAR

Zoomcar Prices $9.15M Private Placement To Advance Debt Repayment And Corporate Growth

As the U.S. presidential election hits a climax with former President Donald Trump taking the lead over Kamala Harris, these five key movements are happening across Wall Street.
Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>): The shares of Trump&#8217;s media company have experienced a significant surge fueled by both the anticipation of the election results and the company&#8217;s third-quarter financial results. Data from Nasdaq revealed that the after-hours trading volume for the stock was at 21.9 million, with the stock trading 10.43% higher at $37.48 on Tuesday during after-market hours.
Stock Futures: The stock futures also experienced a rise on election night. Futures associated with the Dow Jones Industrial Average increased by 739 points, or 1.74%, as of 2 a.m. ET. Futures linked to the S&amp;P 500 were up by 1.42%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>): The anticipation of Trump&#8217;s return to White also boosted Bitcoin to surpass the 75,000 mark and reached 75,249.06 at the time of writing on Wednesday early morning.
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41703265/haley-tells-pennsylvania-voters-to-put-emotion-aside-and-rally-behind-trump?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Haley Tells Pennsylvania Voters To Put Emotion Aside And Rally Behind Trump</a>
Treasury Yields: Treasury yields also<a href="https://www.benzinga.com/news/24/11/41765345/treasury-yields-pop-on-trump-victory-chances-10-year-benchmark-reaches-4-month-high"> saw an increase in overnight trading </a>as investors evaluated the early results from the tight presidential race. The 10-year Treasury yield jumped 14 basis points to 4.431%, hitting its highest level since July 2. The yield on the 2-year Treasury was up by 8 basis points to 4.285%, reaching its highest level since July 31.
Dollar: The Bloomberg Dollar Spot Index rose sharply by 1.4%, marking its highest point in over three months. The U.S. dollar strengthened across the board against all G10 currencies, with notable increases of over 1% against both the euro and the yen.
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<li><a href="https://www.benzinga.com/news/24/11/41710411/market-analyst-who-predicted-trumps-2016-win-and-bidens-2020-victory-now-sees-former-president-retak?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Market Analyst Who Predicted Trump&#8217;s 2016 Win And Biden&#8217;s 2020 Victory, Now Sees Former President Retakin</a></li>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

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AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.23 by 30.43 percent. This is a 36 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $60.243 million which missed the analyst consensus estimate of $61.192 million by 1.55 percent. This is a 2.19 percent decrease over sales of $61.591 million the same period last year.

Earnings

Earnings Misses

AUDC

AudioCodes Q3 2024 Adj. EPS $0.16 Misses $0.23 Estimate, Sales $60.243M Miss $61.192M Estimate

Sales growth is now expected to be 23% to 27% at CER.&nbsp;
Given the current exchange rates versus the Danish krone, sales growth reported in DKK is still expected to be 1 percentage point lower than at CER. The guidance reflects expectations for sales growth in both North America Operations and International Operations, mainly driven by volume growth of GLP-1-based treatments for Obesity and Diabetes care. Continued pricing pressure within Diabetes and Obesity care is included in the guidance.&nbsp;
Following higher-than-expected volume growth in recent years, including GLP-1-based products such as Ozempic&#xAE; and Wegovy&#xAE; , combined with the expectation of continued volume growth and capacity limitations at some manufacturing sites, the outlook also reflects expected continued periodic supply constraints and related drug shortage notifications across a number of products and geographies. Novo Nordisk is investing in internal and external capacity to increase supply both short and long-term.
Operating profit growth is now expected to be 21% to 27% at CER. Given the current exchange rates versus the Danish krone, growth reported in DKK is now expected to be 2 percentage points lower than at CER.
The expectation for operating profit growth primarily reflects the sales growth outlook and continued investments in future and current growth drivers within Research, Development and Commercial. Within R&amp;D, investments are related to the continued expansion and progression of the early and late-stage pipeline. Commercial investments are mainly related to Obesity care market development activities as well as investments related to GLP-1 diabetes care.&nbsp;
Novo Nordisk now expects financial items (net) to amount to a loss of around DKK 0.1 billion. The effective tax rate for 2024 is now expected to be in the range of 20-21%.&nbsp;
Capital expenditure is still expected to be around DKK 45 billion in 2024, reflecting expansion of the global supply chain. The investments will create additional capacity across the supply chain, including manufacturing of active pharmaceutical ingredients (API), additional aseptic production and finished production processes as well as packaging capacity. In the coming years, the capital expenditure to sales ratio is still expected to be low double-digit.&nbsp;
Depreciation, amortisation and impairment losses are still expected to be around DKK 17 billion, including the impairment of ocedurenone.

Guidance

Novo Nordisk 2024 Outlook, Updated: Now Expects Sales Growth Of 23%-27% (Prior 22%-28%) And Operating Profit Growth Of 21%-27% (Prior 20%-28%)

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Econ #s

Germany Factory Orders (MoM) For September 4.2% Vs. 1.6% Est.; -5.8% Prior

Approval based on Phase 3 data showing significantly more children aged 1 to 11 years on Dupixent achieved histological disease remission at 16 weeks compared to placebo, which was sustained up to one year
Dupixent is the first-ever medicine in the EU indicated to treat these young patients, who persistently struggle to eat at a critical stage in life where growth is crucial

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REGN

Regeneron And Sanofi's Dupixent Receives EU Approval For Children With Eosinophilic Esophagitis, Offering New Hope For Ages 1 To 11

Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) reported quarterly earnings of DKK6.12 per share which beat the analyst consensus estimate of DKK6.02 by 1.66 percent. This is a 22.4 percent increase over earnings of DKK5.00 per share from the same period last year. The company reported quarterly sales of DKK71.311 billion which missed the analyst consensus estimate of DKK71.891 billion by 0.81 percent. This is a 21.42 percent increase over sales of DKK58.731 billion the same period last year.

Earnings Beats

Novo Nordisk Q3 2024 GAAP EPS DKK6.12 Beats DKK6.02 Estimate, Sales DKK71.311B Miss DKK71.891B Estimate

South Dakota voters rejected Measure 29 on Tuesday, which sought to legalize cannabis for adults. The initiative aimed to allow individuals aged 21 and older to possess limited amounts of cannabis and cultivate plants at home, but it did not receive the necessary <a href="https://www.benzinga.com/cannabis">support from voters.</a>
The Associated Press <a href="https://apnews.com/projects/election-results-2024/south-dakota/?r=83042">reported</a> that with 50% of the votes counted at 2:00 am on Wednesday, the No vote had garnered nearly 60% of the vote. 
Measure 29 proposed that adults could possess up to 2 ounces of cannabis flower, 16 grams of cannabis concentrates, and 1,600 milligrams of THC in other products. It also included provisions for growing up to six cannabis plants at home, with a total limit of 12 plants per residence.
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/06/39364741/majority-of-south-dakotans-are-against-recreational-cannabis-legalization-new-poll-finds">Majority Of South Dakotans Are Against Recreational Cannabis Legalization, New Poll Finds</a>
<h3 class="wp-block-heading">Industry Leaders React: Economic And Social Impacts Of Measure 29&#8217;s Failure</h3>
Gurpreet (Pete) Sahani, CEO of The Blinc Group, expressed disappointment: "The failure of this amendment highlights ongoing challenges in legalizing cannabis in South Dakota. However, the need for reform won't be silenced by this outcome. The push for cannabis legalization will continue."
John Mueller, CEO and co-founder of Greenlight, calls the outcome "a missed opportunity." 
"South Dakota will continue to miss out on the economic and public safety benefits that come with a regulated adult-use cannabis market," he said, stressing that legal access to cannabis provides safer options for consumers.
For Ray DeSabato, CEO of Chorus, the result came as no surprise. "Given South Dakota's traditionally restrictive nature to marijuana, it's unsurprising that this measure failed." He also noted that cultivation quality and compliance are ongoing concerns in cannabis, with current prevention solutions having limited impact.
Peter Dikun, owner of Flower Shop Dispensary, sees the vote as a "huge loss" for both the industry and residents. 
"If IM29 doesn't pass, the state misses out on tax revenue and jobs, and we keep wasting taxpayer dollars on prosecutions," he says. Dikun is also concerned about the growing opposition and spread of misinformation surrounding cannabis.
Todd Smith, CEO of The Hills LLC, predicts: &#8220;A lot of cannabis companies will close their doors. There will only be a handful that stay open and hopefully survive till the next opportunity to get on the ballot.&#8221;
<h3 class="wp-block-heading">Previous Attempts At Legalization</h3>
This was the third attempt at legalizing cannabis in South Dakota. In 2020, Amendment A was passed by 54% of voters but was later overturned by the state Supreme Court. The 2022 initiative, Measure 27, also failed to pass, indicating the challenges faced by cannabis advocates in the state
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Cover image made with AI.

Cannabis

South Dakota Rejects Measure 29: Cannabis Legalization Fails Again

In a stark contrast of election night atmospheres, former President Donald Trump is rallying his supporters while Vice President Kamala Harris&#8217; campaign has reportedly gone silent, with no plans to address the public.
What Happened: Trump supporters are flocking to the Palm Beach Convention Center to hear the former President speak. Trump is expected to make his way from Mar-a-Lago to address the crowd, <a href="https://apnews.com/live/trump-harris-election-updates-11-5-2024#00000192-fff3-dc56-a39e-fff775770000">reported</a> the Associated Press.
Former presidential candidate Robert F. Kennedy Jr. is the latest to join Trump&#8217;s watch party while Trump&#8217;s son Donald Trump Jr. has already started pumping his fist in the air.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/11/41710411/market-analyst-who-predicted-trumps-2016-win-and-bidens-2020-victory-now-sees-former-president-retak?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Market Analyst Who Predicted Trump&#8217;s 2016 Win And Biden&#8217;s 2020 Victory, Now Sees Former President Retaking The White House With &#8216;Large Majority Of Swing States&#8217;</a>
Earlier at Mar-a-Lago on election night, Eduardo Bolsonaro, son of former Brazilian President Jair Bolsonaro, and Nigel Farage, a prominent anti-immigration figure and leader of the U.K.&#8217;s Reform Party were in attendance.
Other notable figures at Mar-a-Lago included billionaire Elon Musk and former Fox News host Tucker Carlson.
On the other hand, the mood at the Harris campaign&#8217;s&nbsp;election night watch party at&nbsp;Howard University has reportedly shifted. The campaign has stopped its CNN broadcasts, and some supporters have begun to depart from the event.
Trump campaign spokesperson, Karoline Leavitt, remarked on the situation at the Harris watch party, saying, &#8220;Sounds&nbsp;like the joy has left&nbsp;the building.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Sounds like the joy has left the building&#8230; <a href="https://t.co/WlWCjkGJrs">pic.twitter.com/WlWCjkGJrs</a>
&mdash; Karoline Leavitt (@kleavittnh) <a href="https://twitter.com/kleavittnh/status/1854029646947348607?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As the night continues, it is reported that Vice President Harris has no plans to address the public, reported Associated Press, citing a person familiar with the White House.
Why It Matters: This development comes after Trump&#8217;s victory in North Carolina, a key swing state in the 2024 presidential race.
Trump secured the <a href="https://www.benzinga.com/news/24/11/41764893/trump-secures-key-swing-state-north-carolina-extending-lead-over-harris-in-2024-presidential-race">state&#8217;s 16 electoral votes</a> with a significant lead over Harris.
Trump also won in Georgia. In fact, Georgia has become the first state to flip from the 2020 election results with Trump's victory.
Four years ago, Trump lost Georgia to Democrat Joe Biden by a slim margin of 11,779 votes—a number that became notable after Trump pressed Georgia election officials to help him find just enough votes to surpass Biden's total.
Image via Shutterstock
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Trump Packs In Crowds While Harris Shuts Down CNN: 'The Joy Has Left The Building' — No Plans For VP To Speak Tonight

Yields on U.S. sovereign debt rose during election night as investors digested the preliminary results from the closely contested fight between Donald Trump and Kamala Harris.
What happened: The benchmark 10-year Treasury yield popped 12 basis points to 4.412%, a level not seen since July 2.&nbsp;
Similarly, the yield on 2-year government bonds lifted 6 basis points to 4.262%, the highest since last week of July. The yields on the 30-year Treasury lifted 15 basis points to 4.606% as of this writing.&nbsp;
The uptick comes as the market raised expectations of Trump's White House comeback after the GOP nominee won battleground states of North Carolina and Georgia.&nbsp;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41756625/will-donald-trump-prematurely-claim-victory-5-polymarket-markets-to-watch-on-election-nigh">Will Donald Trump Prematurely Claim Victory? 5 Polymarket Markets To Watch On Election Night</a>
The market became wary of each candidate's fiscal policies as both Trump and Harris have <a href="https://www.benzinga.com/government/24/10/41611073/trump-vs-harris-how-their-fiscal-plans-could-add-trillions-to-the-us-national-debt">proposed expansive tax and spending measures</a> that would deepen the debt — already projected to reach a historic high in the coming years.
According to the CRFB&#8217;s central estimate, Trump would increase the national debt by $7.75 trillion between 2026 and 2035, leading the government to issue more bonds to fund the deficit.&nbsp;
Aside from Treasury securities, other <a href="https://www.benzinga.com/news/24/11/41763731/bitcoin-past-73k-dollar-gold-stock-futures-rise-as-trump-harris-results-trickle-in">market indices rose sharply</a>, including stock futures, the dollar, and gold, while oil fell. 
Photo by Steve Heap on Shutterstock
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Treasury Yields Pop On Trump Victory Chances, 10-Year Benchmark Reaches 4-Month High

BUSINESS OUTLOOK FOR FULL-YEAR 2024 CONFIRMED } Group revenues expected in the range of € 790 – 820 m (2023: € 781.4 m).&nbsp; &nbsp;R&amp;D expenditures are expected in a range of € 50 – 60 m (2023: € 64.8 m).&nbsp; &nbsp;Adjusted Group EBITDA is expected to reach € 15 – 35 m (2023: € 66.4 m).

Evotec Reaffirms 2024 Outlook: Revenues Of €790M-€820M, And Adjusted Group EBITDA Of €15M-€35M

Evotec (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVO#NASDAQ">EVO</a>) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.10) by 21 percent. This is a 0.83 percent decrease over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $203.213 million which missed the analyst consensus estimate of $208.977 million by 2.76 percent. This is a 4.88 percent decrease over sales of $213.639 million the same period last year.

Evotec Q3 2024 GAAP EPS $(0.12) Misses $(0.10) Estimate, Sales $203.213M Miss $208.977M Estimate

Benzinga Election Update: AP Projects Trump With 247 Electoral Votes, Harris With 210 Electoral Votes; AP Projects Trump To Win Georgia And Nebraska

Editor&#8217;s Note: This article has been updated with the latest developments.
As polls begin to close for the 2024 presidential election, the nation waits to see if Donald Trump or Kamala Harris will secure a historic victory.
Trump has secured Kentucky and Indiana, while Harris has won Vermont, <a href="https://decisiondeskhq.com/results/2024/General/President/">according</a> to the Associated Press. With 34% of votes counted in Kentucky, Trump leads with 64.6%. In Indiana, with 24% of votes counted, Trump holds 64%. Meanwhile, with 20% of Vermont&#8217;s votes tallied, Harris has 69%.
In Kentucky, Trump received the endorsement of Senate GOP Leader Mitch McConnell (R-Ky.) despite their previous differences over the Jan.6 Capitol Riots, noted AP.
Vermont is considered a Democrat stronghold and the state&#8217;s Republican Governor Phil Scott voted Democrat in this election, according to the report.
Trump&#8217;s former Vice President and former Indiana Governor Mike Pence <a href="https://www.benzinga.com/news/24/03/37764902/no-surprise-former-trump-ally-refuses-to-endorse-ex-president-in-2024-cites-differences-in-conservat">did not endorse</a> him in the 2024 run but the Hoosier State is a reliable GOP stronghold where the party has held the governor&#8217;s office for the past two decades.
West Virginia voted for Trump for the third straight presidential election cycle as well. No democrat has won the presidential election in the state since Bill Clinton in 1996, according to AP.
Florida, the third-largest prize of the night in electoral votes, delivered a predictable victory for Trump, as the state has trended Republican over the past decade, noted AP.
The last Democrat to carry Florida was Barack Obama in 2012, but since then, the state has solidified its shift toward the GOP in statewide elections.
The rejection of the abortion rights measure marks Florida as the first state where such a proposal has failed since the overturning of Roe v. Wade in 2022. The initiative sought to prevent lawmakers from imposing abortion restrictions before viability or when necessary to protect the health of the patient.
Trump&#8217;s victory in Georgia marks the state&#8217;s shift from the 2020 election results, becoming the first to flip.
Key Battleground States
As of early morning updates, Trump holds leads in multiple battleground states, with notable margins in some areas:
<ul>
<li>Georgia: Trump leads by 2% with 93% of votes counted.</li>
<li>North Carolina: Trump has a 3% lead with 92% of the vote in.</li>
<li>Florida: Trump holds a substantial 13% lead, with 98% of votes counted.</li>
<li>Maine's 2nd Congressional District: Trump leads by 11% with 45% reporting.</li>
<li>Pennsylvania: Trump leads by 3% with 86% of votes counted.</li>
<li>Arizona: Trump has a narrow lead of less than 1% with 51% of votes tallied.</li>
<li>Michigan: Trump is ahead by 6% with 53% counted.</li>
<li>Wisconsin: Trump leads by 4% with 81% of votes counted.</li>
</ul>
On the Democratic side, Nebraska's 2nd Congressional District shows Harris in the lead by 8% with 84% of votes counted.
"We still have votes to count. We still have states that have not been called yet. We will continue overnight to fight to make sure that every vote is counted," Cedric Richmond, Harris' campaign co-chair, said on Tuesday, according to AP. "So you won't hear from the vice president tonight, but you will hear from her tomorrow."
Next: 
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<li><a href="https://www.benzinga.com/news/earnings/24/11/41760961/djt-stock-volatile-on-election-day-donald-trumps-media-company-reports-q3-earnings-growth-initiativ">DJT Stock Volatile On Election Day: Donald Trump&#8217;s Media Company Reports Q3 Earnings, Growth Initiatives</a></li>
</ul>
Image via Wikimedia Commons
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Global

Trump Wins Georgia, Leading In Key Battleground States Of Michigan, Pennsylvania, Arizona — Harris Campaign Co-Chair Addresses Demoralized Election Watch Party (UPDATED)

Tesla and SpaceX CEO Elon Musk has dismissed the pressure he faced for shutting down X, formerly Twitter, in comparison to the tribulations faced by Republican presidential nominee Donald Trump.
What Happened: Musk made these remarks during an appearance on Tucker Carlson&#8217;s online show, broadcasted from Trump&#8217;s Mar-a-Lago estate on Election Day.
In response to questions about the pressure to shut down X, the tech mogul replied with sarcasm.
He noted that, aside from multiple Democrats wanting to jail him, revoke government contracts from his companies, nationalize his businesses, deport him as an illegal immigrant, and arrest him for allegedly being Vladimir Putin's best friend, there wasn't much else.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/11/41710411/market-analyst-who-predicted-trumps-2016-win-and-bidens-2020-victory-now-sees-former-president-retak?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Market Analyst Who Predicted Trump&#8217;s 2016 Win And Biden&#8217;s 2020 Victory, Now Sees Former President Retaking The White House With &#8216;Large Majority Of Swing States&#8217;</a>
Musk later shared the video&nbsp;on X and added,&nbsp;&#8220;Sure, it was a lot&nbsp;of pressure, but it pales&nbsp;by comparison with President Donald&nbsp;Trump, who they tried to&nbsp;kill twice, bankrupt, and imprison&nbsp;for eternity.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Sure it was a lot of pressure, but it pales by comparison with President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a>, who they tried to kill twice, bankrupt and imprison for eternity <a href="https://t.co/nUFeVcArtQ">https://t.co/nUFeVcArtQ</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1854024475559248300?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Earlier this year, Republican nominee Donald Trump faced <a href="https://www.benzinga.com/news/24/09/40872269/fbi-investigating-trumps-second-assassination-attempt-authorities-detain-pro-ukraine-construction-co">two separate assassination attempts</a>.
If he secures a win, he will be&nbsp;the second president to serve&nbsp;non-consecutive terms. He will also become the oldest person ever&nbsp;elected to the presidency and&nbsp;also the first convicted felon&nbsp;to hold office while under&nbsp;legal indictment.
Why It Matters: Previously, President Joe Biden alleged that <a href="https://www.benzinga.com/news/24/10/41562764/elon-musk-fires-back-after-biden-alleges-tesla-ceo-violated-student-visa-norms-says-he-was-allowed-t">Musk violated student visa norms</a> when he first arrived in the U.S. He referred to Musk as a Trump "ally" and an &#8220;illegal worker.&#8221;
At the time, Musk retorted by saying, &#8220;I was in fact allowed to work in the U.S.,&#8221; adding that Biden was lying.
A Trump victory in the U.S. Presidential election could be a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41709990/trump-and-tesla-what-the-future-holds-for-elon-musks-ev-giant-in-case-of-a-gop-win">&#8220;potential positive&#8221; for Musk&#8217;s company</a> Tesla, according to analysts from Wedbush.
While a Trump victory could impact the electric vehicle industry overall, it could benefit Tesla due to its unmatched scale and scope in the EV industry.
Image via Shutterstock
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<li><a href="https://www.benzinga.com/news/24/11/41733346/obamas-former-campaign-manager-alarmed-by-early-voting-numbers-as-harris-trump-fight-close-battle-re?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Obama&#8217;s Former Campaign Manager Alarmed By Early Voting Numbers As Harris-Trump Fight Close Battle: &#8216;Republicans Didn&#8217;t Do What They Did Last Time&#8217;</a></li>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Elon Musk Tells Tucker Carlson That The Pressure He Faced For Shutting Down X 'Pales In Comparison' With What Trump Went Through

Former President Donald Trump won North Carolina in the <a href="https://pro.benzinga.com/dashboard">2024 presidential race</a>, securing the state&#8217;s 16 electoral votes with a substantial lead over Vice President Kamala Harris.
What Happened: With nearly 94% of expected votes counted, Trump led by more than 195,000 votes or 3.6 percentage points, according to projections <a href="https://decisiondeskhq.com/results/2024/General/President/">by</a> the Associated Press. The margin represents a stronger performance than his 2020 victory in North Carolina when he won by less than 2 percentage points.
Election officials reported higher voter turnout in areas where Trump performed well while noting decreased participation in districts favoring Harris. The pattern marks a significant shift from previous voting trends in the state.
The announcement of Trump&#8217;s North Carolina victory sparked immediate celebration at his election watch party. Supporters erupted in cheers, with some pumping their fists in the air and others jumping in excitement as the results appeared on screen. The crowd began chanting &#8220;fight, fight, fight&#8221; as the AP projection was confirmed.
See Also: <a href="https://www.benzinga.com/news/24/11/41763731/bitcoin-past-73k-dollar-gold-stock-futures-rise-as-trump-harris-results-trickle-in">Bitcoin Past $73K — Dollar, Gold, Stock Futures Rise As Trump-Harris Results Trickle In</a>
The prediction market Polymarket, which has processed more than $3.5 billion in election-related trading volume, showed significant movement following the North Carolina results. 
Current market sentiment reflects Trump at 97% and Harris at 3.4% in presidential odds. The platform&#8217;s traders strongly anticipate that the Associated Press will make its final election call by Wednesday, November 6, assigning this outcome an 82% probability.
The race for the presidency continues as votes are being counted in other states across the country. North Carolina&#8217;s results represent just one step in the path to securing the 270 electoral votes needed to win the presidency.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/11/41763478/trump-media-reddit-devon-energy-super-micro-computer-and-tesla-buzzing-among-investors-on-electi">Trump Media, Reddit, Devon Energy, Super Micro Computer, And Tesla Buzzing Among Investors On Election Day</a></li>
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Image Via Flickr 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump Secures Key Swing State North Carolina, Extending Lead Over Harris In 2024 Presidential Race

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) said on Monday that it has started delivering its latest offering — <a href="https://www.benzinga.com/topic/tesla-cybertruck">the Cybertruck</a> — to customers in Canada, making it the third country the stainless steel truck has expanded to after the U.S. and Mexico.
What Happened: &#8220;Canada Cybertruck deliveries have begun,&#8221; the company said on its official X account. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Cyber Monday
&mdash; Cybertruck (@cybertruck) <a href="https://twitter.com/cybertruck/status/1853611061552750686?ref_src=twsrc%5Etfw">November 5, 2024</a></blockquote>
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</figure>
&#8220;Was craving some Tim Hortons,&#8221; Tesla wrote on its X account dedicated to the Cybertruck, referring to the Canadian multinational coffeehouse. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">O Canada <a href="https://t.co/UaZFaZ4Cu7">pic.twitter.com/UaZFaZ4Cu7</a>
&mdash; Cybertruck (@cybertruck) <a href="https://twitter.com/cybertruck/status/1853799887097213021?ref_src=twsrc%5Etfw">November 5, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In September, Cybertruck Program Manager&nbsp;Siddhant Awasthi&nbsp;said that the EV giant will likely start delivering the&nbsp;<a href="https://www.benzinga.com/news/24/09/40849409/former-top-gear-host-james-may-thinks-a-vehicle-the-size-of-a-fiat-panda-but-styled-like-tesla-cyber" target="_blank" rel="noreferrer noopener">stainless steel truck</a>&nbsp;in Canada in late October. 
Why It Matters:&nbsp;The foundation series Cybertruck starts at C$137,990 ($101,505) for the all-wheel drive variant and at C$165,990 ($122,101) for the more premium Cyberbeast variant in Canada.
The&nbsp;foundation series&nbsp;refers to a limited and pricier edition of the Cybertruck with laser-etched&nbsp;foundation series&nbsp;badges and premium accessories.
Tesla started delivering the Cybertruck to customers in the U.S. in November last year and to&nbsp;<a href="https://www.benzinga.com/news/24/09/41039631/tesla-begins-cybertruck-deliveries-in-mexico-before-canada-first-country-to-get-the-stainless-steel" target="_blank" rel="noreferrer noopener">customers in Mexico late </a>in September. 
In February, Tesla displayed its complete product lineup at the Canadian auto show in Toronto, including the Cybertruck. At the time, a&nbsp;<a href="https://www.benzinga.com/news/24/02/37304997/tesla-executive-sheds-light-on-cybertruck-availability-in-canada-have-to-file-some-routine-paperwork" target="_blank" rel="noreferrer noopener">company executive confirmed</a>&nbsp;that the electric car would go on sale in the land of the maple syrup due to growing interest, but noted that they "have to file some routine paperwork." In July, Tesla confirmed that it intends to start delivering the vehicle in Canada this year.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/news/24/11/41738613/elon-musk-rejects-rumors-of-a-tesla-phone-but-says-the-ev-giant-will-have-to-make-one-if-this-happen" target="_blank" rel="noreferrer noopener">Elon Musk Rejects Rumors Of A Tesla Phone, But Says The EV Giant Will Have To Make One If This Happens</a></li>
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Photo courtesy: Tesla

TSLA

Tesla Commences Cybertruck Deliveries In Canada After Long Wait

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