Tesla Inc (Extended Hours)Tesla Inc (Extended Hours)Tesla Inc (Extended Hours)

Tesla Inc (Extended Hours)

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Tesla (TSLA) shares rose about 5% on Friday, driven by optimism in U.S.-China trade relations and CEO Elon Musk's focus on operations, following a 30% rebound since the Q1 update.
Tesla faces rising costs from President Trump's 145% tariffs on Chinese goods, which could impact its supply chain and pricing if a trade deal isn't reached.
Panasonic, a major Tesla battery supplier, plans to cut 10,000 jobs to boost profits, following a fiscal fourth-quarter earnings report that surpassed expectations.
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