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Update: Market Chatter: Musk Says Tesla Situation Has 'Already Turned Around'
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Update: Market Chatter: Musk Says Tesla Situation Has 'Already Turned Around'
May 26, 2025 10:57 AM

10:03 AM EDT, 05/20/2025 (MT Newswires) -- (Update with Elon Musk's comments on being Tesla's CEO going forward.)

Tesla (TSLA) Chief Executive Elon Musk said Tuesday in an interview on Bloomberg TV that poor sales figures that have plagued the EV-maker this year have "already turned around."

"We lost some sales on the left, and we gained some sales on the right," Musk said in the interview, part of the Qatar Economic Forum in Doha. "The sales numbers are strong. Just look at the stock price. Our stock wouldn't be trading near all-time highs if things weren't in good shape. Don't worry about it."

Musk also said he's committed to being Tesla's CEO for the next five years.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 344.59, Change: +2.50, Percent Change: +0.73

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