[Featured Stock] CTR Mobility Appointed Musk as Head of US Government Efficiency Department... Tesla Supply History Highlighted↑

CTR Mobility is showing strong performance. It is believed to be influenced by the news that Elon Musk, who leads Tesla and SpaceX, has been appointed as the head of the 'Government Efficiency Department' in the incoming administration of U.S. President-elect Donald Trump.

As of 1:57 PM on the 13th, CTR Mobility is trading at 4,980 KRW, up 3.32% compared to the previous day.

The day before, President-elect Trump nominated Musk and Vivek Ramaswamy, an Indian-American entrepreneur and Republican presidential primary candidate, as heads of the 'Government Efficiency Department.'

In a statement that day, Trump said, "These two outstanding Americans will work together to dismantle government bureaucracy, eliminate excessive regulations, cut wasteful spending, and pave the way to rebuild federal agencies for my administration," emphasizing that "this is the core of the 'Save America' movement."

The Government Efficiency Department is an organization that Trump announced in August would be created to conduct audits of the entire federal government's finances and performance and to propose bold reform recommendations. Musk stated at a Trump campaign rally held in New York at the end of October that the Government Efficiency Department could save about $2 trillion (approximately 2,802 trillion KRW) from the federal budget.

Meanwhile, CTR Mobility is known to be the exclusive supplier of aluminum control arms to Tesla. The aluminum control arm, developed in-house by CTR Mobility, is a component that connects the car body to the wheels.