Tesla rebounds after Trump defends Musk, brings EVs to White House
Portfolio Pulse from
Tesla's stock rebounded after a 15% slide due to soft EV demand and controversy over Elon Musk's role in the Trump administration. The rebound followed Trump's defense of Musk and the introduction of EVs to the White House.
March 11, 2025 | 8:30 pm
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Tesla's stock rebounded after a significant drop due to soft demand and controversy over Musk's role in the Trump administration. The rebound was influenced by Trump's defense of Musk and the introduction of EVs to the White House.
The rebound in Tesla's stock is attributed to positive political support from Trump, which may alleviate investor concerns about Musk's controversial role and the demand for EVs. This political backing could improve market sentiment and stabilize Tesla's stock in the short term.
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IMPORTANCE 80
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