Tesla stock rose 17% due to potential benefits from auto import tariffs and Musk's renewed focus

From Nasdaq: 2025-03-30 22:47:00

Tesla stock (NASDAQ:TSLA) has seen a 17% gain in the past week, despite a 5% drop on Wednesday. President Trump’s auto import tariffs could benefit Tesla, as its U.S.-made vehicles won’t face tariffs, unlike competitors like GM and Ford. Musk’s renewed focus on Tesla and Europe’s sales decline are also impacting the stock’s volatility.

Elon Musk’s involvement in a new government role raised concerns about his focus on Tesla, but recent signs suggest he is refocusing on the company. Europe’s auto market decline, Tesla’s stock volatility compared to the S&P 500, and Trefis’s valuation of Tesla at $250 per share are key factors influencing Tesla stock’s performance.

Trefis data shows Tesla’s MTD return for March 2025 at -7%, YTD at -33%, and a total return of 1810% from 2017 to 2025. Comparatively, the S&P 500 had an MTD return of -4%, YTD at -3%, and a total return of 155% over the same period. Trefis also offers market-beating portfolios with reinforced value for investors.



Read more at Nasdaq: What Drove Tesla Stock Up 17% Last Week?