After a big sell-off yesterday, Tesla ( TSLA 3.85% ) stock is seeing rebound momentum in Friday's trading. The company's share price was up 5.6% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 1.1%, and the Nasdaq Composite index was up 1.3%.
Tesla's stock gains today primarily stem from two sources. For starters, the broader market is seeing bullish momentum thanks to new employment data that is easing inflation concerns. The stock is also getting a boost from indications that a recent flare up in tensions and disagreements between CEO Elon Musk could be moderating.
Tesla stock sees some recovery after yesterday's big sell-off
Tesla's share price fell 14.3% in Thursday's trading after Elon Musk ramped up his criticism of President Trump and his budget bill. Musk had pr