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Tesla shares climb as Musk pledges to be 'super focused' on companies ahead of Starship launch - TL;DR CNBC

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 incdepartment of government efficiencyenterprisedonald trumppoliticselon musktechnologybreaking news: politicsbusiness newsdonald j. trumpsocial mediaspacexbreaking news: businessspace industry

Source: https://www.cnbc.com/2025/05/27/tesla-shares-musk.html


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