TradingKey - As CEO Elon Musk shifts his focus back from the U.S. Department of Government Efficiency (DOGE) to Tesla’s core businesses — including Autopilot development and robotics — Tesla shares have accelerated their rebound. After reaffirming that he will remain CEO for the next five years, Musk announced on social media that he would return to a “7x24 work” mode, even sleeping in factory rooms.
On May 24, Musk posted on X stating that he has resumed working around the clock, staying overnight at company facilities to maintain close oversight. He emphasized that he is highly focused on X, xAI, Tesla, and the upcoming Starship launch, as key technological milestones are about to be unveiled.
His message served two purposes: to address recent data center outages affecting the X platform, and to signal his renewed commitment to business over politics.
During an economic forum last week, when asked how to reverse Tesla’s worst quarterly EV delivery performance in three years, Musk responded confidently: “It’s already turned around.”
Musk added that if sales weren’t improving, Tesla stock wouldn’t be anywhere near historical highs.
According to Wall Street Journal, Musk appears to be visibly upset after some critics used his political activities to attack Tesla. For Tesla investors, an angry Musk may actually be a positive sign — it could mean more action-oriented leadership and a stronger drive to prove the doubters wrong – a Musk that executes can go to outer space, can make electric cars mainstream.
Since the beginning of May 2025, Tesla shares have rebounded by over 20%, currently trading at $339.34, while the S&P 500 gained only about 4% during the same period.
Wedbush analyst Dan Ives said that with Musk recommitting to Tesla, the EV giant is entering a new "golden era". Thanks to advancements in autonomous driving and robotics, a $2 trillion market cap for Tesla is now within reach.
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