Why Tesla Stock Soared This Week

From Nasdaq: 2025-06-13 16:15:00

Shares of Tesla (NASDAQ: TSLA) surged 10.3% this week, outperforming the S&P 500 and Nasdaq Composite. The stock rebounded after Elon Musk’s public feud with President Trump cooled down.

Anticipation for Tesla’s robotaxi launch pushed the stock higher, despite a reported delay to June 22. Musk’s history of missing targets raises doubts about the company’s promises and valuation.

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