Elon Musk’s retreat from DOGE has lifted Tesla’s market cap by $158 billion—but the stock is still 50% off its December peak

fortune.com/article/elon-musk-doge-tesla-stock-market-cap-outlook

On April 24 this reporter posted an article titled “How much was Elon Musk’s pledge to step back from DOGE worth? $67 billion to frustrated shareholders.” Two days earlier, on Tesla’s Q1 conference call held after the close of trading, Musk promised that, in a matter of months, he would…

This story appeared on fortune.com, 2025-04-29 15:23:15.
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