Why Shares of Tesla Soared Today

Shares of (NASDAQ: TSLA) soared nearly 5.7% today, as the feud between Tesla's CEO Elon Musk and President Donald Trump appeared to simmer in recent days. Tesla's robotaxi service is also about to get underway in Austin, Texas.

Last week, Musk formally left his role with the Department of Government Efficiency (DOGE), signaling an end to his involvement in government affairs, much to the relief of Tesla investors. However, almost immediately following his departure, Musk began to criticize Trump's "Big, Beautiful Bill" pending in Congress, and the two began to trade insults on X.

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Source Fool.com