The Trump administration reportedly expressed confidence in Elon Musk’s commitment to Tesla, stating ‘Elon’s not going anywhere.’ This sentiment comes amid discussions about Musk’s potential role in midterm elections as his involvement with DOGE concludes. Despite a more subdued public presence, Musk continues to influence Tesla’s stock performance. According to Business Insider, Tesla bear Ross Gerber expressed concerns following the company’s latest earnings report. Axios notes that Musk’s legacy at DOGE includes self-destruction. Investors are encouraged to carefully consider their strategies regarding Tesla stock given these developments.
— new from Barchart.com
