Tesla analyst says that CEO Elon Musk “returns to the official” after a surprise meeting in all hand, and investors are rewarding the company’s shares

- CEO of Tesla Elusk A comprehensive meeting was held last week, which helped to reassure both employees and investors, according to the Wedbush Dan Eve analyst. Despite its 30 % decrease since the beginning of the year, Tesla’s shares recovered on Monday, when Musk showed that he “returned responsibility”.
The CEO of Tesla Elusk jumps to work in Tesla and investors notice this.
Tesla’s share decreased more than 30 % so far, but his wealth was reflected this week as the musk re -focused his attention on the late EV maker. The company’s share increased by 12 % on Monday and closed at $ 278.39, which represents its best day since the November presidential elections. From Tuesday noon, Tesla shares were traded by 2.8 % at $ 286.
The increase in shares comes after Musk held a rare meeting at all front with Tesla staff last week, as he told the employees not to sell their shares and promised that everything would succeed.
Musk said: “What I am here to tell you is that the future is bright and incredibly exciting, and we will do things that I do not think I dream about.”
With Musk’s return directly to The Helm, the Wedbush and Tesla Bull Dan IVES analyst said that investors change their accent on Tesla.
Evz told luck. “The stock was exaggerated and bounced, as Musk returned to the official and tried to balance Dog and Tesla.”
After meeting all the hand, which was Live broadcastWedbush analysts, led by Evis, praised this step, and said they expected to take musk as a “small step from Duji” in the coming months to focus on Tesla.
As the leader of the Ministry of Governmental efficiency (DOGE), Musk has organized thousands of workers’ demobilization and millions of dollars in an attempt to simplify the federal budget. The White House claimed in February, however, Musk was not responsible for the cost -cutting agency, and he was not an employee of that. However, Musk admitted in an interview earlier this month that he was balanced his commercial and government obligations “with great difficulty.”
Last week, Ivees Musk called for a re -devoting himself to Tesla, and called for a long -time investor, Musk, to escalate or allow the company to find the “appropriate CEO” to manage the company.
Aside from its late stock, Tesla faced increasing pressure from the Chinese BYD, which Tesla exceeded On Monday, with annual sales of $ 107 billion, compared to Tesla revenues amounting to $ 97.7 billion.
Moreover, the political participation in the last Musk increased the peaceful protests Variation of Tesla targeting Vehicles and showrooms. President Donald Trump described people as sabotage of Tesla’s properties.Terrorist“On Monday, the FBI created Business Band To investigate the latter sabotage.
IVES has ever warned of the damage of the brand caused by MUSK political movements, but he said that the support of the CEO seems to be built despite the rejection.
Evz told luck.
This story was originally appeared on Fortune.com