The stock is up 2% to $274.80 after President Trump, according to Politico, said Elon Musk will be stepping back in the coming weeks from his current role in the White House.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- ‘It Was a Disaster,’ Says Dan Ives about Tesla’s Delivery Numbers
- Tesla demand narratives related to Musk will continue, says Baird
- The Pain is Not Over for Bruised Tesla Stock (TSLA)
- Tesla’s Resilience: Overcoming Short-term Challenges with Energy Sector Strength and Growth Potential
- Rivian’s Q1 production, deliveries in-line with guidance, says Truist