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Tesla shares surge after report Musk to leave Trump role

World News

02-04-2025 | 12:30

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Tesla shares surge after report Musk to leave Trump role

Shares of Tesla rebounded Wednesday following a report Elon Musk would soon retreat from his work for President Donald Trump's administration, a role that has weighed on his electric car brand.

Shares jumped 3.8 percent shortly after midday following a Politico report that Musk would soon leave or sharply reduce his work for Trump. Shares had fallen more than six percent earlier Wednesday following weak first-quarter auto sales.

AFP

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