00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla shares turned positive for 2025 after a brutal first quarter in early April losses
00:07tied to Trump's tariff announcement, according to CNBC. Tesla shares climbed 3.6% Monday to $410.26,
00:14just passing their 2024 close and marking an 85% rebound from the April low of $221.86.
00:21Violet showed CEO Elon Musk brought about $1 billion worth of shares through his family
00:26foundation. Analysts have praised Tesla's proposed pay plan for Musk, potentially worth $1 trillion
00:30over the next decade. While the company's mega blocks, energy storage systems have provided a
00:35boost. Even with the rebound, Tesla remains the second worst performer on the mega caps this year,
00:40and only of Apple, which is down 5%. EV maker faces a multi-quarter sales slump,
00:45consumer backlash tied to Musk's political spending, and growing competition from China's BYD.
00:50Leadership has tried to highlight robo-taxing and humanoid robot initiatives,
00:53though neither product is market-ready. For all things money, visit Benzinga.com.
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