Today Elon Musk and Donald Trump communicated that Elon will take a step back from the government in the upcoming weeks and he will focus once again on his companies.
A wise but pressured move, because in the last month and a half, Tesla has lost a lot of its stock value. So did the Boring Company, Space X and practically all of Elon’s projects. The market was demanding a reaction to make the stock prices recover. Which has now happened.
Result, an immediate rise of Tesla stock price of 5 %. Which means the market likes what has been decided today… It was about time!
Sincerely,
Pele23
