Tesla introduced self-driving features to select cars in China on Tuesday. Stocks for Tesla rebounded on Wednesday after a drop due to low deliveries. Investors are optimistic about the possibility of Elon Musk stepping away from his government role, which has caused dissatisfaction among Tesla investors. Despite initial concerns over delivery figures, the stock surged following a report by Politico suggesting that Musk might be reducing his involvement in the government to focus more on his businesses. This shift in focus would be welcomed by investors who have been concerned about Musk's divided attention and political entanglements. Tesla's first-quarter sales figures disappointed analysts, indicating a decline in sales performance. Despite challenges, investors are hopeful that Musk's potential reallocation of focus to Tesla could lead to a positive impact on the company.
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