Tesla stock surges nearly 12% to lead ‘Magnificent 7’ stocks higher as tariff worries ease

From Yahoo Finance: 2025-03-24 16:05:00

Tesla stock surged nearly 12% on Monday amid optimism over Trump’s tariff plans. Reports of a delay in auto sector levies eased concerns. Sales have declined in key regions like Europe, China, and the US. CEO Elon Musk addressed product updates and political involvement in recent company meetings.

Read more: Tesla stock surges nearly 12% to lead ‘Magnificent 7’ stocks higher as tariff worries ease