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Musk Returns to Tesla in May! Is the Bottom We’ve Been Waiting For?
Tesla Motors shares jumped over 5% in after hours trading after first-quarter results missed analysts’ estimates on the top and bottom lines. The electric vehicle company earned an adjusted 27 cents per share on revenue of $19.34 billion, while analysts polled by LSEG were looking for 39 cents per share in earnings and $21.11 billion in revenue. On Tuesday, Elon Musk announced during a call with analysts that he will significantly reduce his involvement with the DOGE starting in May. ------------------ Is the worst over? Will Musk save the stock in May? What's your target price for Tesla?
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