US Stock Market Move | Tesla, Inc. (TSLA.US) rose nearly 4% as Musk promises to continue as CEO of the company for another five years.

date
20/05/2025
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GMT Eight
On Tuesday, Tesla (TSLA.US) opened nearly 4% higher, hitting a new 2-month high of $354.30.
On Tuesday, Tesla, Inc. (TSLA.US) opened up nearly 4%, reaching a two-month high of $354.30. In terms of news, Tesla, Inc. CEO Musk stated at the Doha Economic Forum that he will continue to serve as CEO of Tesla, Inc. for the next 5 years, unless he dies. Musk also mentioned that there are no demand issues with Tesla, Inc. sales, with the European market being the weakest and other areas performing strongly. Additionally, Musk stated that there is a possibility of Starlink going public in the future.