Why Tesla (TSLA) Stock Is Trading Up Today
From Barchart: 2025-06-06 16:18:00
Shares of Tesla (NASDAQ: TSLA) surged 6.1% after Elon Musk and President Trump eased tensions, leading to a 3.7% increase to $295.13 at close. The market sees this news as significant but not altering their view of Tesla. Recent surges may be losing momentum, with concerns about Tesla’s driver-assistance tech resurfacing. Sales in Europe and China have been weak, and Musk’s strained relationship with Trump adds to investor concerns. Despite a 22% drop this year, Tesla remains 38.4% below its 52-week high. Investors should monitor Tesla’s growth story and upcoming product updates for potential opportunities.
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