🚀 Tesla stock up 85% since April

Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. Tesla’s stock has staged a stunning comeback, erasing its 2025 losses with an 85% surge since its April low, fueled by Elon Musk’s surprise \$1 billion share purchase and renewed investor optimism. The rally comes despite a brutal first quarter and continued sales weakness, with Tesla still lagging its megacap peers, outperforming only Apple this year. Analysts point to Musk’s proposed pay package and the rollout of Tesla’s MegaBlocks energy storage systems as key drivers of sentiment, though the company faces headwinds from an aging EV lineup and fierce competition from Chinese rival BYD. Musk’s political activity, including major financial support for President Trump, has sparked consumer backlash, but Tesla is leaning on long-term bets like robotaxis and humanoid robots to keep investors hooked—even if those technologies remain far from market-ready.

2. President Trump is pushing to end quarterly earnings reports in favour of semiannual disclosures, reviving a long-debated issue about whether short-term reporting undermines long-term corporate strategy. The SEC confirmed it is prioritizing the proposal at Trump’s request, and with Republicans holding a majority on the commission, the change could take effect within a year. Proponents argue that fewer reports would save money and let executives focus on running their businesses, echoing past calls from Warren Buffett and Jamie Dimon to reduce the obsession with quarterly guidance. Critics warn, however, that halving the frequency of reports would erode transparency, disadvantage investors, and make markets less reliable, especially compared with the U.S.’s global reputation for stringent disclosure. While European markets typically operate on a semiannual model, skeptics note the U.S. economy, with trillion-dollar companies and high-growth firms, demands more frequent data, leaving Trump’s push as both a populist swipe at regulation and a potential turning point for corporate governance.

3. Timing Is Everything—Here’s How Top Crypto Experts Do It. Spotting early trends could change your portfolio forever. Discover how pros identify coins with 1,000%+ potential and position early. This free summit delivers expert-level insight. Click to claim your free pass to this exclusive 3-day virtual event →

4. Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs have nudged inflation higher than expected, though the impact has been modest, and warned that broader economic weakness is adding uncertainty. While Wall Street analysts have debated whether tariffs are truly feeding into consumer prices, Swagel said the CBO’s data shows inflation running hotter than forecast. At the same time, he noted the levies could shrink the U.S. deficit by \$4 trillion over the next decade, with \$3.3 trillion in new revenue and \$700 billion in reduced debt costs. The fate of Trump’s tariffs now hinges on a looming Supreme Court case, which Swagel called one of the largest sources of economic uncertainty, though the CBO projects that policy-related uncertainty will fade by 2027 as investment patterns normalize.

   Headlines

   1. Alphabet has hit a $3T valuation.

   2. Coreweave has announced a $6.3B order from Nvidia.