Tesla Stock Rises for 5th Straight Day as Elon Musk Threatens Legal Action Against Apple

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Tesla Stock Rises for 5th Straight Day as Elon Musk Threatens Legal Action Against Apple

Tesla Stock Rises for 5th Straight Day as Elon Musk Threatens Legal Action Against Apple

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Tesla’s stock (TSLA) rose 0.5% on August 12, marking its fifth straight day of gains, as CEO Elon Musk’s threat of “immediate legal action” against Apple over alleged App Store antitrust violations sparked investor optimism. Despite a brewing controversy, the stock’s upward trend reflects confidence in Tesla’s fundamentals and Musk’s bold moves. This concise article breaks down the stock surge, Musk’s feud with Apple, and its implications, tailored for those tracking Tesla’s market performance. Stock Performance: A Five-Day Rally As shown in the finance card above, Tesla’s stock closed at $339.24 on August 13, down slightly from a high of $348.81 but up from $338.83 the previous day. The five-day gain, totaling approximately 2.7%, follows a volatile 2025, with TSLA...

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