- Timing CEO Elon Musk A comprehensive meeting was held last week, which helped to reassure both employees and investors, according to the Wedbush Dan Eve analyst. Despite its 30 % decrease since the beginning of the year, Tesla’s shares recovered on Monday, when Musk showed that he “returned responsibility”.
The CEO of Tesla Elusk jumps to work in Tesla and investors notice this.
Tesla’s share decreased more than 30 % so far, but his wealth was reflected this week as the musk re -focused his attention on the late EV maker. The company’s share increased by 12 % on Monday and closed at $ 278.39, which represents its best day since the November presidential elections. From Tuesday noon, Tesla shares were traded by 2.8 % at $ 286.
The shares increase comes after Musk rarely held Meeting all hand With Tesla staff last week, he told the employees not to sell their shares and promised that everything would succeed.
Musk said: “What I am here to tell you is that the future is bright and incredibly exciting, and we will do things that I do not think I dream about.”
With Musk’s return directly to The Helm, the Wedbush and Tesla Bull Dan IVES analyst said that investors change their accent on Tesla.
Evz told luck. “The stock was exaggerated and bounced, as Musk returned to the official and tried to balance Dog and Tesla.”
After meeting all the hand, which was Live broadcastWedbush analysts, led by Evis, praised this step, and said they expected to take musk as a “small step from Duji” in the coming months to focus on Tesla.
As a leader of the Ministry of Governmental efficiency (DOGE), Musk organized Thousands of workers’ demobilization Millions of dollars in discounts to try to simplify the federal budget. The White House claimed in February, however, Musk was not responsible From the cost reduction agency, he was not an employee. However, Musk admitted in an interview earlier this month that he was balanced his commercial and government obligations “with great difficulty.”
Last week, Evis called on Musk to re -devote himself to Tesla, and Tesla investor has long been Musk called for an escalation Or allow the company to find the “appropriate CEO” to operate the company.
Regardless of her late stock, Tesla faced increasing pressure from China Bydany Tesla exceeded On Monday, with annual sales of $ 107 billion, compared to Tesla revenues amounting to $ 97.7 billion.
Moreover, the political participation in the last Musk increased the peaceful protests Variation of Tesla targeting Vehicles and showrooms. President Donald Trump described people as sabotage of Tesla’s properties.Terrorist“On Monday, the FBI created Business Band To investigate the latter sabotage.
IVES has ever warned of the damage of the brand caused by MUSK political movements, but he said that the support of the CEO seems to be built despite the rejection.
Evz told luck.
This story was originally shown on Fortune.com
