Elon Musk’s Reported Return to Tesla Sparks Investor Optimism
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that after Tesla’s disappointing earnings, Elon Musk announced he would scale back his government-related work and recommit to leading Tesla. Investors, concerned by the company’s weakening numbers and Musk’s divided attention, reacted positively. The stock rebounded on the news, a rare instance where a CEO simply returning focus to their core role boosted market confidence.
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