Key Takeaways Tesla shares rose close to 4% Friday amid a broader market rebound, but posted losses for the eighth week in a row, with some Wall Street analysts expecting further declines.Wells Fargo and JPMorgan analysts said they expect the stock could lose roughly half its value again,

Elon Musk 's net worth has dropped by more than $144 billion since December, according to a report.

Mashable notes that as of Tuesday morning Trump has offered up no evidence that he followed through with his pledge to buy a Tesla vehicle. As for Musk, he's spent the day personally thanking his fans, such as conspiracy theorist Alex Jones, for voicing their support for Tesla on his social media platform X.