Energy
29 May 2025, 2:30 pm
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Tesla stock surged in after-hours trading on May 29, 2025, gaining over 2.15% to reach $364. The rally comes after Tesla closed the regular session 1.65% lower at $356.90. Elon Musk’s exit from DOGE and the new Tesla Model Y announcement boosted investor sentiment.
Musk Bows Out of Trump-Era Role
Musk stepped down from his position as Special Government Employee at the Department of Government Efficiency (DOGE). It is a post that Tesla CEO held under the current US President Donald Trump
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