Tesla's stock has risen 14% compared to last year, marking a turnaround from earlier fears of collapse. Elon Musk's recent $1 billion stock purchase has boosted his wealth beyond $500 billion, a historic milestone. Media attributes the recovery partly to renewed focus at the company.
Tesla has long been viewed as an anomaly in the market, with recent developments adding to its unusual trajectory. Earlier this year, the company's stock appeared headed for a rapid decline, raising concerns about potential collapse in the near future. However, as of October 2025, shares have climbed 14% from the same period last year, signaling a notable recovery.
A key factor in this upswing is Elon Musk's decision to purchase an additional $1 billion in Tesla stock. This investment has propelled Musk's personal wealth to over $500 billion, making him the first individual to achieve that level. The move comes amid scrutiny over Musk's divided attentions, particularly his involvement with DOGE, which investors worried was harming Tesla's brand and diverting his leadership from the company.
Media reports highlight renewed focus as one primary reason for the stock's improvement. Previously, concerns centered on Musk's time being consumed by external commitments, leaving Tesla's operations adrift. While the stock's performance suggests stabilization, the simultaneous reports of strong and weak results raise questions about underlying issues at the firm. This juxtaposition underscores the volatility that has characterized Tesla's path.