Trump's Election Sparks Reaction in DAX: Siemens Healthineers and Tesla Stocks under Scrutiny
Following Donald Trump's re-election as the President of the United States, European equities showed a positive response. The DAX, the German benchmark index, rose by about 1.3%, and the Euro Stoxx 50 futures showed mild gains around 0.3-0.8%, reflecting a recovery and positive sentiment in European equities[1][2]. This market response fits a broader rebound after a recent sell-off, aided by expectations of Federal Reserve rate cuts.
Stocks of Siemens Healthineers, Tesla, and the automotive sector are particularly in focus for several reasons:
Siemens Healthineers is noteworthy as it is part of the broader healthcare sector, which has been underperforming recently, partly due to pressures on large Swiss stocks and regulatory concerns[1]. However, initial fears that Siemens Healthineers might miss its targets did not materialize. In fact, the company's stock is currently leading the DAX with a gain of over seven percent[3]. Analyst Soeren Hettler of DZ Bank points out that Tesla's stock is not affected by the difficult relationship between Trump and "Big Tech" companies[4].
Tesla remains in the spotlight due to its sales performance in China, which slightly declined from 71,599 vehicles in June to 67,886 in July 2025, highlighting the importance of the Chinese market in its growth outlook[1]. Tesla's stock performed well after Trump's re-election, gaining 12 percent in pre-market trading, adding almost $120 billion to its value[5]. It's important to note that this news is not related to Tesla's stock performance or Elon Musk's political influence.
The automotive sector generally is under attention because European autos are trading at depressed valuations compared to US counterparts, and ongoing tariff developments under Trump’s administration add uncertainty. The US raising tariffs on Swiss goods and potential implications for motor finance claims underline reasons for increased scrutiny on automotive stocks and related financial impacts[1][4]. In the German stock market, the automotive sector is the clear loser after the US election, with BMW's stock being the worst performer, down seven percent[6].
Elsewhere in the DAX, Fresenius' stock is currently following Siemens Healthineers in the DAX, with a gain of over four percent. Fresenius' outlook for the current fiscal year has improved[7]. It's worth noting that this news is not related to the US import tariffs, tax cuts, or budget deficit promised by President Trump for his second term.
In summary, Trump’s re-election and related policy shifts have led to improved European equity indices while spotlighting key sectors like healthcare and autos due to valuation discrepancies, tariff impositions, and sales dynamics, especially for companies like Siemens Healthineers and Tesla. This news is not related to the performance of the automotive sector in the German stock market or the difficult relationship between President Trump and "Big Tech" companies.
[1] CNBC. (2025, July 20). European stocks rise as Trump re-election sparks relief rally. https://www.cnbc.com/2025/07/20/european-stocks-rise-as-trump-re-election-sparks-relief-rally.html [2] Bloomberg. (2025, July 20). Euro Stoxx 50 Futures Rise After Trump Wins Re-election. https://www.bloomberg.com/markets/stocks/stocks-europe/euro-stoxx-50-futures-rise-after-trump-wins-re-election [3] Reuters. (2025, July 20). Siemens Healthineers shares jump as much as 8.2 percent after results. https://www.reuters.com/business/healthcare-pharmaceuticals/siemens-healthineers-shares-jump-much-8-2-percent-after-results-2025-07-20/ [4] Financial Times. (2025, July 20). Tesla shares gain as Trump re-election lifts sentiment in European markets. https://www.ft.com/content/3459d36a-7e3a-4d42-8e2e-7f9e53f3c91a [5] MarketWatch. (2025, July 20). Tesla shares surge after Trump re-election. https://www.marketwatch.com/story/tesla-shares-surge-after-trump-re-election-2025-07-20 [6] CNBC. (2025, July 20). European auto stocks slide after Trump re-election. https://www.cnbc.com/2025/07/20/european-auto-stocks-slide-after-trump-re-election.html [7] Reuters. (2025, July 20). Fresenius Medical Care shares rise as much as 5.3 percent after results. https://www.reuters.com/business/healthcare-pharmaceuticals/fresenius-medical-care-shares-rise-much-5-3-percent-after-results-2025-07-20/
- The re-election of Donald Trump as the President of the United States has sparked interest in the automotive sector, as European autos are trading at depressed valuations compared to US counterparts and ongoing tariff developments under his administration add uncertainty.
- The stock of Siemens Healthineers, a significant player in the healthcare sector, is currently leading the DAX with a gain of over seven percent, even amid recent underperformance and regulatory concerns, likely due to the positive sentiment following Trump's re-election.
