Tesla, Elon Musk and Trump
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As Mr. Musk steps away from Washington, he faces concerns over his prolonged absence from his businesses including Tesla, SpaceX, xAI and X.
Tesla stock outperformed its "Magnificent Seven" peers and the broader Nasdaq Composite index during the month of May.
This surge is partly attributed to a general market upturn, but a more significant factor has been CEO Elon Musk’s renewed dedication to Tesla after stepping down
Key Takeaways Tesla shares jumped Tuesday after CEO Elon Musk said over the weekend that he plans to be "super focused" on his businesses and return to "spending 24/7 at work."The comments come after Musk said last month that he would spend more time at Tesla amid calls for the CEO to scale back his political activities.
Some Tesla employees are concerned about their CEO's state of mind as he makes his uninspiring return from Washington DC.
Elon Musk on Saturday said he will be focused “24/7” on his work heading X, Tesla and SpaceX following an X outage that impacted tens of thousands in the US and more around the world.
Tesla stock soared in the months after the November presidential election because investors were convinced Donald Trump was about to do massive favors for his largest financial backer, Tesla CEO Elon Musk.
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Cryptopolitan on MSNElon Musk is lobbying lawmakers for driverless vehicles as focus returns to TeslaElon Musk is ramping up efforts to persuade U.S. lawmakers to pave the way for autonomous vehicles, an area of focus for Tesla as it prepares to debut its own
Elon Musk's whirlwind stint in the Trump administration has ended with a dramatic twist, as the tech mogul lashes out at the president's prized legislation.