From Nasdaq: 2025-05-27 11:31:00

Tesla (NASDAQ: TSLA) shares are rebounding after a 3% drop last week. Despite slumping EV sales in Europe, shares rose over 5% early Tuesday. Tesla stock is up by 4.9% as of 10:40 a.m. ET.

Elon Musk plans to refocus on Tesla as European EV registrations dropped 49% in April. Sales in Europe for the first four months of 2025 are down 39%. Despite challenges, investors are optimistic about Tesla’s autonomous driving technology and Musk’s renewed focus on the company.

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Read more at Nasdaq: Why Tesla Stock Popped Today Despite Sliding Sales