Elon Musk says Tesla is already out of the woods "It's already turned around," Musk responded curtly when asked about turning around Tesla's declining sales. When asked for eviden

Shares in Tesla Inc. recently traded nearly 2% higher, even as the S&P 500 index dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared that the car company’s sales are improving.

Elon Musk's pledge to lead Tesla for five years boosted shares early Tuesday. He believes the company has already turned around.