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Many market participants worried Elon Musk’s preoccupation with Twitter would distract him from his flagship company, Tesla (TSLA). As the end of the first half of 2023 approaches, TSLA shares have again made any doubters look foolish as they more than doubled from the January 2 low.
TSLA shares exploded higher, and the EV maker’s market cap has left other EV companies and all carmakers in the dust.