Why Shares of Tesla Soared Today
Shares of Tesla (NASDAQ: TSLA) soared nearly 5.7% today, as the feud between Tesla's CEO Elon Musk and President Donald Trump appeared to simmer in recent days. Tesla's robotaxi service is also about to get underway in Austin, Texas.Last week, Musk formally left his role with the Department of Government Efficiency (DOGE), signaling an end to his involvement in government affairs, much to the relief of Tesla investors. However, almost immediately following his departure, Musk began to criticize Trump's "Big, Beautiful Bill" pending in Congress, and the two began to trade insults on X.Image source: Getty Images.Continue reading
Shares of Tesla (NASDAQ: TSLA) soared nearly 5.7% today, as the feud between Tesla's CEO Elon Musk and President Donald Trump appeared to simmer in recent days. Tesla's robotaxi service is also about to get underway in Austin, Texas.
Last week, Musk formally left his role with the Department of Government Efficiency (DOGE), signaling an end to his involvement in government affairs, much to the relief of Tesla investors. However, almost immediately following his departure, Musk began to criticize Trump's "Big, Beautiful Bill" pending in Congress, and the two began to trade insults on X.
Image source: Getty Images.
