Tesla (TSLA) stock has erased all of its post-election gains seen since Donald Trump’s November 2024 victory, the EV maker declining by nearly 40% year-to-date in 2025. This comes as CEO Elon Musk leans heavier into his duties as the head of the Department of Government Efficiency (DOGE) in the Trump administration.
New Street Research managing partner Pierre Ferragu shares his thoughts with Brad Smith and Madison Mills on whether the Tesla stock can recover from this.
Tesla shares appear to be getting a lift Wednesday morning following Musk’s interview with Fox News host Sean Hannity and the company receiving of permits to operate its robotaxis in California.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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