Tesla's stock erases loss for the year, soaring 85% from April low
Tesla's shares have finally turned positive for the year. After a dismal first quarter, which was the worst for the stock in any period since 2022, and a brutal start to April, following President Donald Trump's announcement of sweeping new tariffs, Wall Street has again rallied around the electric vehicle maker. The stock rose 3.6% on Monday to 6. It's up 85% since bottoming for the year at $221.86 on April 4. A new filing revealed that CEO Elon Musk purc ...