Will Musk's Increased Focus on Tesla Boost Its Stock?
Tesla (NASDAQ: TSLA) investors received good news in the company's earnings call for the first quarter of 2025.CEO Elon Musk, who had spent significant amounts of time working for the government's Department of Government Efficiency (DOGE), announced that he would be spending less time managing DOGE and more time leading Tesla starting in May.Tesla stock recovered following that news. Still, it sells at a discount of over 45% from its high in December. The question now is whether Musk's return will reduce the heat on Tesla and guide the company toward a recovery. Let's take a closer look.Continue reading
Tesla (NASDAQ: TSLA) investors received good news in the company's earnings call for the first quarter of 2025.
CEO Elon Musk, who had spent significant amounts of time working for the government's Department of Government Efficiency (DOGE), announced that he would be spending less time managing DOGE and more time leading Tesla starting in May.
Tesla stock recovered following that news. Still, it sells at a discount of over 45% from its high in December. The question now is whether Musk's return will reduce the heat on Tesla and guide the company toward a recovery. Let's take a closer look.
