Tesla (TSLA) stock is up 40% since its Q1 earnings report, showing a strong rebound compared to the…

Tesla (TSLA) stock is up 40% since its Q1 earnings report, showing a strong rebound compared to the start of the year. The stock is on its way towards a fourth straight week of gains, up 21% in the last five days alone. The EV manufacturer was one of the poorest performers of the Magnificent 7 in early 2025. It faced a brand crisis as consumers seemingly rebelled against the company, boycotting its products amid Elon Musk’s position in US President Donald Trump’s cabinet. Fortunately, its rebound was forecasted and appears to be coming true.

News about potential compensation for CEO Elon Musk might be helping TSLA stock’s surge. Tesla’s board is looking into a new pay package for Musk, the Financial Times reported recently. He was notably awarded some 300 million incentive-laden options in 2018, but that pay package is being contested in Delaware courts. The options are worth roughly $90 billion at current prices for Tesla shares. If Tesla were to keep Musk around and pry him away from a US Government role, investors would likely stay happy, keep shares up as well.

Tesla Robotaxi to Give TSLA Shares Another Boost?

Furthermore, back in 2025, Tesla CEO Elon Musk promised several big updates for the EV maker. Six years ago, Elon Musk promised the arrival of robotaxis for the first time. He raised billions of dollars, with the CEO projecting the arrival in 2020. That did not come to pass. However, Tesla has pushed that launch date back to June 2025, which will see the product arrive next month. Although it would be half a decade late, its timing may be unrivaled.

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The robotaxi would be a clear statement to that effect. Moreover, it would precede the arrival of the company’s Optimus robots. At his most recent earnings call, Musk promised they would have around 10-20 vehicles on the road. Although it may be late, it could coincide with macroeconomic sentiment that has share prices nearing a bull-case projection of $470 in 2025.

Analysts at CNN say that Tesla (TSLA) is trading in the middle of its 52-week range and above its 200-day simple moving average. It has plenty of room to continue its recent swing upwards, with $400 serving as a potential next target. Despite that, CNN’s analysts that were surveyed on Tesla stock are mixed. Out of 57 surveyed, 53% suggest buying TSLA stock, while 28% suggest to hold and the remaining 19% are on the sell train.