Why Tesla Stock Has Soared This Week

From Nasdaq: 2025-05-15 12:47:00

Shares of Tesla (NASDAQ: TSLA) surged nearly 15% this week, benefiting from a U.S.-China tariff pause and news of a new pay package for CEO Elon Musk.

Tesla’s stock jump is linked to thawing tensions between the U.S. and China, as the company sources parts from China and has a large factory there. Musk’s pay package is also under review.

Despite some criticism, most Tesla shareholders support Musk, who has faced backlash for his involvement with DOGE. His leadership drives Tesla’s valuation, but questions remain about the company’s future without him.

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