Tesla stock price may 30 2025

As CNN reported, Tesla shares almost doubled after the November 2024 presidential election win of Donald Trump, as Musk’s close friendship and support of then President-elect Trump indicated a promising future for the company. "These positive changes were offset by declines in current personal finances stemming from stagnating incomes throughout May," Hsu said. "Overall, consumers see the outlook for the economy as no worse than last month, but they remained quite worried about the future." Economic data like U.S. interest rate cuts expected in early May might act as a tailwind for "Tesla stock price May 30 2025", lowering financing costs for EV buyers.