00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares rose 4.4% to $362.02 in early trading as oil prices fell more than 13%
00:10to below $95 a barrel, according to Barron's. Markets moved on hopes of an end to the Iran
00:16conflict after President Trump announced a two-week ceasefire tied to reopening the
00:20Strait of Hormuz and said military objectives had been met. Tesla's stock has fallen about
00:2514% since fighting began. It did not benefit from higher gasoline prices as sales declined in 2024
00:32and 2025 amid competition, an aging lineup, and weakening USEV demand ahead of the tax credit
00:38expiration. RK Invest added to its Tesla position during the recent weakness, buying 7,100 shares
00:44across three funds on Tuesday after purchasing about 40,000 shares on Monday. Tesla stock was
00:49down 23% year-to-date entering Wednesday trading, but remained up 56% over the past 12 months.
00:54For all things money, visit Benzinga.com.
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