After enduring several months of scrutiny Tesla Inc.’s TSLA The stock price declines, Elon Musk I fought back Political critic With his own jab.
what happened: On Friday, Tesla shares closed at $349.98, surged 44.89% over the past month, pushing its market capitalization to $1.12 trillion.
Musk celebrated the rebound xpreviously TwitterPost a screenshot of Tesla charts and a pointy message to the governor Tim Waltz (d-minn.): “Yomin, how about your day?”
See: Jim Cramer responds to UnitedHealth denying reports about criminal investigations.
QUIP answered a comment on March 18, during the Wisconsin event, saying, “On the iPhone, they have that little stock app. I’ll add Tesla to it and drop it for $225 during the day.”
The audience laughed, but they didn’t wear masks. At the time, Musk called the waltz “huge j**k” and “creep” and criticised the governor for laughing at investors and US companies.
Waltz also responded to the backlash, saying, “I was kidding. These people don’t have a sense of humor.”
Why is it important: Waltz ran with the former vice president Kamala Harris In the 2024 presidential race, masks and Donald Trump management.
Musk appeared as a key figure in Trump’s White House in the first 100 days, fostering Republican support, some of which led major federal budget cuts and layoffs that sparked public protests directed at Tesla.
Last month, during Tesla’s first quarter revenue call, Musk announced that it would reduce its involvement with Doge. Limit his commitment From now on, 1-2 days a week.
Previously, the Wall Street Journal reported that Tesla’s board of directors had contacted executive search companies to find alternatives to masks. However, Tesla denied the claim, calling it false, reaffirming Musk’s confidence in leadership.
Price Action: Tesla shares closed at $349.98, up 2.09% during regular session on Friday. After that, we soaked 2.81% in $340.15 after opening hours. Over the past 12 months, stock prices have skyrocketed 100.17%. Benzinga Pro Data.
Benzinga Edge Rankings offers TSLA a growth score of 45.37%. How does that compare to the other EV Giants? Click here for the full breakdown.
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Disclaimer: This content was created in part with the help of AI tools and was reviewed and published by the Benzinga editor.
