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Tesla Stock Climbs Despite Pulling Guidance, but Is More Downside Ahead?
Despite an abysmal quarter on nearly every metric, shares of Tesla (NASDAQ: TSLA) climbed even after the electric vehicle (EV) maker pulled its guidance for the year. The stock's rise can be attributed to CEO Elon Musk pledging to spend more time running the company instead of overseeing the Department of Government Efficiency (DOGE).
Tesla finished a strong week with a nearly 10% jump on April 25, driven by a government push toward self-driving vehicles.
1don MSN
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