Tesla (TSLA) shares climbed nearly 7% on Tuesday, May 27 following CEO Elon Musk’s commitment to refocus on his core businesses after recent operational challenges at his social media platform X. The billionaire entrepreneur announced plans to spend more time at Tesla, xAI, and SpaceX as they launch critical technologies. Shares are up another 1.6% on Thursday, May 29 following news that Musk is officially done with his tenure at the Department of Government Efficiency (DOGE).
