Tesla analyst says CEO Elon Musk is ‘back in charge’ after surprise all-hands meeting, and investors are rewarding the company’s stock

Quick Summary:

Tesla stock jumped 12% for its best day since November.

As of Tuesday afternoon, Tesla stock was trading up 2.8% at $286.

As a leader of the Department of Government Efficiency (DOGE), Musk has orchestrated thousands of layoffs and millions of dollars in cuts to try to streamline the federal budget.

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Article Details

Author / Journalist: Marco Quiroz-Gutierrez

Category: EconomyBusiness

Markets: United States

Topics: Donald Trump Fortune 500 Tesla Elon Musk Technology DOGE

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 00:07:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 123 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27340936

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

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News Last Updated: 8 hours ago

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