The EV maker’s shares, along with those of other auto makers, rallied after President Donald Trump’s decision to pause some tariffs. The car industry still faces stiff levies, though.

Tesla stock (TSLA) investors are feeling the squeeze. The stock slid nearly 7% last week as fresh tariffs from the U.S. and China rattled

Shares of Tesla (NASDAQ: TSLA) are rebounding on Wednesday. The electric vehicle (EV) stock gained 5.2% as of 1:05 p.m. ET after gaining 6.4% earlier in the day. The bounce comes as the S&P 500 and Nasdaq Composite were green even as more retaliatory tariffs on the U.