Why Tesla Stock Is Jumping Today
After a day of big sell-offs in yesterday's market rout, (NASDAQ: TSLA) stock is seeing some rebound momentum in Tuesday's trading. The company's share price was up 5% as of 2:30 p.m. ET. Meanwhile, the S 500 (SNPINDEX: ^GSPC) was down 0.4%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.2%.
Tesla stock is gaining ground on the heels of two significant news items today. President Trump made a statement of support for the company and its CEO, Elon Musk, and Wedbush put out analysis suggesting that the negative sales impact from Musk's close relationship with the president could be relatively minimal.
President Trump published a message on social media this morning stating that he would be buying a new Tesla in support of the company and its CEO Elon Musk. The dynamic between Trump and Musk has played a significant role in shaping Tesla's stock performance in recent months, and investors and analysts are still trying to get a read on how it will impact the EV leader's performance in the coming years. Tesla stock surged after Trump won the presidential election in November, but it's given up those gains after falling roughly 42.5% in 2025.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 106 Buy predictions and 41 Sell predictions.
With a target price of 408 € there is a slightly positive potential of 2.46% for Tesla Inc compared to the current price of 398.2 €.
