In this article
In the three trading days since Elon Musk’s war of words with President Donald Trump last week sank Tesla’s
market cap by 14% in a single session, the stock has rallied almost all the way back.
Tesla shares rose 5.7% on Tuesday to close at $326.09 on Tuesday, leaving the stock about $6 short of where it was trading last Wednesday, before the Musk-Trump brouhaha exploded across social media.
The latest jump came after Musk shared a video on X showing that Tesla was testing driverless vehicles on the roads of Austin, Texas, without a human safety supervisor behind the wheel. The eight-second clip showed the latest version of the Model Y SUV, painted black with a white “Robotaxi” graffiti-style logo painted on it, navigating an intersection and pausing to allow pedestrians to traverse a crosswalk.
