Tesla Stock Is 'Mooning'—Thank Elon?

Benzinga
2025.10.02 20:52
portai
I'm PortAI, I can summarize articles.

Tesla, Inc. (NASDAQ:TSLA) stock has surged 100% over the past month, rebounding from a tough first half of 2025. Analysts had blamed CEO Elon Musk's political involvement for the earlier decline, but sentiment shifted positively after he refocused on Tesla. Musk's return to a hands-on role in May 2025 led to a 22% stock increase, coinciding with announcements of new products like robotaxis. The stock rose from $182 to approximately $436 by October 2, 2025, prompting discussions about whether investors should thank Musk for the turnaround.