Tesla’s “Recovery Mode” Claims Spark 1% Rally
From Financial Modeling Prep: 2025-05-21 06:50:00
Elon Musk remains optimistic about Tesla’s sales recovery despite recent dips, particularly in Europe. TSLA shares rose 1% in response to his confidence at the Qatar Economic Forum. Musk acknowledged a significant decline in European deliveries in April but believes the worst is over. Investors are hopeful for federal EV support under the Trump administration’s advisor, Musk. Tesla’s high valuations reflect these expectations, with investors advised to stress-test valuation and monitor delivery updates closely for confirmation of the turnaround narrative. Keep an eye on political developments as they could impact sentiment and stock performance.
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