Tesla stock up 100% since Walz criticism, as he exits 2026 governor race
Crypto Briefing
Tesla stock has risen over 100% since Governor Walz mocked its decline, coinciding with Walz exiting his 2026 re-election bid.Summary
Tesla shares have surged by more than 100% since Minnesota Governor Tim Walz publicly criticized the stock's decline last year when it was trading around $230. As of January 5, 2026, the shares have recovered to approximately $454. This significant rebound in Tesla's stock performance occurs as Governor Walz announced he will not seek a third term in 2026. Walz cited the political strain and an unusually difficult year for Minnesota, including pressure related to a child care fraud investigation, as reasons he cannot commit the necessary energy to campaign.
(Source：Crypto Briefing)