Donald Trump called Elon Musk a “new star” and a “super genius,” and heaped praise on the billionaire who has been one of his campaign’s biggest financial backers in a victory speech in Florida early on Wednesday, as The Associated Press showed he was only three electoral votes away from securing the presidency once again.

Tesla shares surged nearly 15% Wednesday following Donald Trump's victory in the U.S. presidential election. CEO Elon Musk, a vocal Trump supporter, received mention in Trump’s early morning speech. Trump referred to Musk as a super genius,

Elon Musk, the owner of SpaceX, Tesla, and social networking platform X, has become the focus of attention with Donald Trump's US presidency. In his first victory address in Florida's Palm Beach, Trump expressed his gratitude to the richest man in the world.