Tesla Stock Turns Higher. Why Shares Are Recovering Today.
Shares of electric vehicle maker Tesla were down almost 6% in premarket trading, below $413 apiece. On Thursday, Tesla stock dropped 0.9% after Kentucky Sen. Rand Paul floated the idea that CEO Elon Musk could be Speaker of the House. “It’s a non-starter,” says cofounder and Tesla shareholder Gary Black, adding people might have started to take the idea a little more seriously on Friday.