As President Donald Trump thanked Elon Musk for his service for Dogi, he also said what he described as his successful business empire.
Tesla’s shares rose nearly 22% in May, the best month since November 2024, as investors welcomed CEO Elon Musk After some rocky months, the government is running back with open weapons.
For investors, his term was painful as Musk’s focus was focused on public backlash and individual Tesla car owners with personal attacks.
“Alone’s role in Trump Administration and Dogi made the brand damage to the story and a black cloud,” Wesbash analyst Dan Evece wrote in a note on Friday. Tesla share In March, before gaining momentum at the end of April, in March, he drowned at a low of $ 222 per share. This stock is still more than 14% for 2025 and is away from all the high levels of all time of $ 479.86 in December 2024, which was tracked by Dow Jones Market Data Group.
What’s next to Elon Musk after exiting Dogi
“We believe that the musk stocked stock in the White House had 20% overhang, which has now been reduced because Tesla departs the Kasturi 202 field code during one of the most important technology periods,” Evees said. Their price target on shares is $ 500, which means an increase of 44% from the closing price of $ 346.46 of Friday.
On May 24, Musk posted on X posted on X, “Spending on 24/7 work and sleeping in the conference/server/factory room.
Tesla’s robotaxi has been seen at a unveiling program at Los Angeles on 10 October 2024. (Handout through Tesla / Reuters / Reuters)
Musk confidence can still save $ 1 trillion
The much awaited robotax rollout of Tesla is scheduled for 12 June.
“For the past several days, Tesla has been testing the self-driving model Y cars (no one on the driver’s seat) on the Austin Public Roads, with no phenomenon. A month before the schedule. Next month, the next month, the first self-distribution from the factory to the customer, shared on X.
While the promotion is there, Ray Wang, the founder of the Planetarium Research, told Fox Business that it is in the early days.
He said, “I am excited that there is going to be some competition in the robotax market. You have Wemo at many places, you have got zusk in Las Vegas and now, of course, Tesla is also coming to Austin and parts of Texas,” he told Stuart Vrani. “He is going to start with 10 and then moving towards 1,000 that he is predicting, but as you know he predicts quickly and predicts a large number of which does not always show on time.”
On March 9, Senior Advisor of the White House, Alon Musk moves to the White House after landing in Marine Forest in South Lawn in Washington, DC. (Samuel Korum/Getty Images)
Musk’s term is going on Officially concluded on Friday, and President Donald Trump thanked the world’s richest person for his service as he returns to run his business empire, including SpaceX, Starlink, X, Boring Company and of course, Tesla.
Trump praised Elon Musk and his trade empire
President Donald Trump Tesla and SpaceX CEO Elon Musk and his son, X Musk, have joined, during an executive order, during an executive order signing the oval office at the White House at Washington, DC on 11 February. (Andrew Harnik/Getty Images)
“Elon’s service for the US has been without comparison in modern history. He is already running one of the world’s most new car companies. If you look at its factories and compare them with some old factories we have, and this is a big difference.” Trump told the Oval Office.
Musk told Bloomberg in May that he was planning a hull Tesla for next five years,
