Tesla shares turned positive for 2025 after a brutal first quarter and early April losses tied to Trump’s tariff announcement, according to CNBC. Tesla shares climbed 3.6% Monday to $410.26, surpassing their 2024 close and marking an 85% rebound from the April low of $221.86. A filing showed CEO Elon Musk bought about $1 billion worth of shares through his family foundation. Analysts have praised Tesla’s proposed pay plan for Musk, potentially worth $1 trillion over the next decade, while the company’s MegaBlocks energy storage systems have provided a boost. Even with the rebound, Tesla remains the second-worst performer among megacaps this year, ahead only of Apple, which is down 5%. The EV maker faces a multi-quarter sales slump, consumer backlash tied to Musk’s political spending, and growing competition from China’s BYD. Leadership has tried to highlight robotaxi and humanoid robot initiatives, though neither product is market-ready.
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Tesla Rebounds As Market Support Grows For Leadership, Strategy, And Energy Innovations
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