Tesla stock is moving higher once more as investors look past the disappointing first-quarter results and focus on Chief Executive Elon Musk sticking to a robotaxi rollout in June and his plan to scale back his work for President Donald Trump. Tesla stock popped 4.7% to 298.26 during Friday’s stock market, advancing above the 200-day moving average and offering investors an aggressive entry. Wedbush Securities analyst Dan Ives, a longtime Tesla bull, wrote on April 23 that “more important than numbers” he was looking for Musk to calm shareholders coming out of a “disaster quarter.”
