Tesla Stock Rallies On Prospect Of Elon Musk Stepping Back From Twitter
Tesla’s stock rose as much as 5.3% before the start of regular trading Monday.
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Tesla Inc. shares jumped in anticipation of Elon Musk stepping back from Twitter Inc., the social media company that has distracted him from running the electric-car maker for months. Tesla’s stock rose as much as 5.3% before the start of regular trading Monday. The shares have plunged 58% since Musk disclosed in early April that he’d taken a stake in Twitter, underperforming the 15% drop in the...
