Tesla Stock Is Soaring for the Funniest Possible Reason

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The story "Tesla Stock Is Soaring for the Funniest Possible Reason" was covered 2 days ago by Futurism, a news publisher based in United States.

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Futurism 2d ago

Tesla Stock Is Soaring for the Funniest Possible Reason - Futurism

Quick Summary:

For the first time in forever, Tesla stock is on the rise — and it seems mighty coincidental that it happened the exact same day that news broke of Elon Musk's exit from the White House.

Right around the time Politico reported, per three unnamed insiders, that president Donald Trump had been telling confidantes of Musk's departure in a few months — purportedly to focus on his many businesses, and not because he can't get security clearance due to drug use — Tesla shares began to spike.

Obviously, Musk isn't exactly following that advice by insisting that Politico's reporting, which was later corroborated by NBC, is somehow false.