Surprising Elon Musk news sends Tesla stock surging after earnings
Tesla's stock price has soared since its quarterly earnings report.
It's been a terrible year for Tesla. The electric vehicle Goliath has suffered a series of blows that have derailed its stock price, frustrated investors, and looted hundreds of billions of dollars off CEO Elon Musk's net worth.
Much of the damage has arguably been self-inflicted. Elon Musk spent big money helping President Trump get elected, and he's since served in a very public role as head of Trump's Department of Government Efficiency, or DOGE, an organization within the executive branch tasked with reducing government spending.