Tesla shares climb as Musk pledges to be 'super focused' on companies ahead of Starship launch
Publishing timestamp: 2025-05-27 14:35:21
Summary
Tesla shares rose nearly 7% after Elon Musk reiterated his focus on his businesses following a social media platform outage. Musk plans to prioritize Tesla, SpaceX, and artificial intelligence company xAI. He also indicated stepping away from political work and reducing campaign donations. SpaceX is set to launch its Starship rocket after two failed attempts earlier this year.
Sentiment: MIXED
Tickers: TSLA,
Keywords: tesla inc, department of government efficiency, enterprise, donald trump, politics, elon musk, technology, breaking news: politics, business news, donald j. trump, social media, spacex, breaking news: business, space industry,
Source: https://www.cnbc.com/2025/05/27/tesla-shares-musk.html