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Tesla analyst says CEO Elon Musk is 'back in charge' after surprise all-hands meeting, and investors are rewarding the company's stock


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  Musk stepped up last week with the all-hands meeting, and that sent a much needed positive signal to employees and investors," Ives told Fortune. "The stock was way oversol

Elon Musk has reassumed a more active role at Tesla following a surprise all-hands meeting with employees, signaling a shift in his focus back to the electric vehicle maker amidst his various other business ventures. This development was highlighted by Tesla analyst Dan Ives from Wedbush Securities, who noted that Musk's renewed engagement comes at a crucial time as Tesla faces challenges like softening demand and increased competition. During the meeting, Musk discussed the company's future, including plans for a new factory in Mexico and the upcoming Cybertruck production. Investors have responded positively to Musk's increased involvement, with Tesla's stock experiencing a significant surge, reflecting optimism about the company's direction under Musk's direct leadership.

Read the Full Fortune Article at:
[ https://www.msn.com/en-us/money/technology/tesla-analyst-says-ceo-elon-musk-is-back-in-charge-after-surprise-all-hands-meeting-and-investors-are-rewarding-the-company-s-stock/ar-AA1BENQ5 ]

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