Positive Trade Developments, Robotaxis Have Helped Drive Tesla, Inc. (TSLA) Stock Higher, Former CEO Says
From Yahoo Finance: 2025-05-13 10:43:00
Positive trade developments and speculation about TSLA’s robotaxi business have boosted Tesla, Inc. (TSLA) stock, according to former Ford CEO Mark Fields. Lower tariffs on important components and progress in trade talks have contributed to the stock’s growth in recent weeks.
Elon Musk’s decision to focus more on TSLA instead of the Trump administration is energizing investors, says Fields. TSLA stock has gained 26% in the last month but retreated 9% in the last three months. The upcoming robotaxi service launch is generating positive speculation about TSLA’s future potential.