Dan Evs calls for “White House music” from Elon Musk to the ears of Tesla shareholders “, predicts the renewal of the concentration of independent vehicles – Tesla (nasdaq: tsla)
Securities Wedbush analyst Dan Eve Celebrate Elon MuskHis departure from the Trump administration’s role, describing this step as positive for shareholders who seek to focus on renewable driving on the operations of electric vehicles and independent driving technology.
What happened: Ives published on X that Musk “officially left for the White House Trump last night” and called it “the contributor music in Tesla with MUSK laser now focuses on Tesla and the next independent vision.” The analyst described it as “a new chapter before Tesla and Musk.”
Musk announced his departure from Ministry of Governmental efficiency On social media, saying: “With my specified time as a private government employee, I would like to thank the president Donald Trump To get a chance to reduce waste spending. “
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Tesla Inc. Timing The shares increased by 2.9 % in trading overnight to 367.32 dollars after the Musk announced after the regular trading was closed by 1.65 % to 356.90 dollars.
Tesla has faced challenges such as low sales numbers in multiple areas and a reversal reaction to the consumer associated with the political activities of Elon Musk.
Why do it matter: Musk admitted in an interview with him recently that he “may have spent a lot of time in politics” and described his government participation as “the issue of allocating time.” During his term, the administration claimed 160 billion dollars in government savings through the end of the contracts and the efforts to update information technology.
Musk’s return to full -time focus on commercial operations dealing with the investor’s concerns about the divided attention that affects the company’s performance. IVES recently raised the target of Tesla to $ 400 from $ 300, with the company’s focus on artificial intelligence and independent leadership may add the rating of $ 1 trillion, which may boost the stock by 20 % to 30 %.
Cathy WoodA Ark Invest sold shares of $ 5.6 million on Wednesday, and continued to get rid of recent investments despite the renewed musk commitment to the company.
Price: In the pre -market trade on Thursday, the share of Tesla Inc. 1.88 % to 363.60 dollars, according to it Data from Benzinga Pro.
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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.
Compliment image: ian dewar photography on Shutterstock.com
