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Tesla stock rebounds and Tim Walz backtracks: ‘I was making a joke’

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Credit: @TeslaFrenzy/X

Tesla stock rebounded over 20 percent in the past five trading days, and, coincidentally, the boost came just after Tim Walz said he gets a boost from watching the automaker’s shares fall.

Although Walz’s pushback against Tesla stock mostly comes from his evident distaste for CEO Elon Musk, who has joined President Donald Trump’s team as the head of the Department of Government Efficiency (DOGE), it seems he might not have realized the EV maker’s shares make up a portion of his state’s pension fund.

This was something Shark Tank’s Kevin O’Leary mentioned last week after Walz’s comments. However, now that Tesla shares are rising once again, Walz is backtracking by saying that his comment from last week was his attempt at humor.

Walz said:

“I have to be careful about being a smartass. I was making a joke. These people have no sense of humor.”

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Tesla shares have rebounded nicely since a substantial drop so far this year.

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Although the stock is still down about 28 percent this year, things are looking better for the company as it now shifts its focus to the release of several affordable models, the ramp of the new Model Y “Juniper,” the release of the Cybercab and Robotaxi platform in Texas and California, and other potential catalysts like the Optimus robot.

Tesla aiming to produce first “legion” of Optimus robots this 2025

Last week’s All-Hands meeting from Tesla was publicly broadcast on X and seemed to be the response many investors were hoping for as questions started to seep in regarding Musk’s commitment to the company.

While his attention seems to be on solving government spending and eliminating corruption, it is evident Musk is still paying attention to what is going on at Tesla.

Shares are up over 10 percent at 1:05 p.m. on the East Coast, trading at around $274.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Kia gains Tesla Supercharger access and issues a big apology

Kia gained Tesla Supercharger access and respect from Tesla fans in the same day.

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Kia EV6, EV9 and Niro Owners Gain Access to Over 21,500 Tesla Superchargers

Kia has announced that owners of the EV6, EV9, and Niro EVs have officially gained access to over 21,500 Tesla Supercharger locations in North America.

However, its announcement also contained an apology to Tesla.

First, Kia said that its three EV offerings will have access to Tesla’s expansive Supercharger Network. More than 40,000 DC fast chargers are available to Kia EV drivers, a major uptick as Tesla Supercharger access nearly doubles the number of accessible piles.

Sean Yoon, President of Kia North America and Kia America, said:

“Kia is committed to an exceptional ownership experience, and expanding the network of available DC fast chargers to our EV customers is an important component to maintaining the brand’s leadership in electrified mobility. Now, with access to the Tesla Supercharger network of DC fast chargers, our EV owners can feel even more confident in their decision to purchase or lease a fully electric Kia vehicle.”

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Kia owners who have a CCS1 Charging Port will have access to an NACS adapter through dealerships. This will enable compatibility, as current inlets are not NACS, the port that Tesla utilizes.

However, Kia will eliminate the need for this adapter starting with the 2025 EV6 and 2026 EV9. These will come standard with NACS inlets.

We mentioned Kia included somewhat of an apology to Tesla, which is related to social media posts from “certain Nordic distributors,” as the company puts it:

Kia said in its announcement:

Kia America is aware of marketing posts by certain Nordic distributors. These initiatives were developed entirely independently by those distributors, without direction from Kia AmericaKia Europe or Kia Global. We want it to be clear that these posts do not reflect the position of Kia America, and we remain committed to clear and professional communication that reflects our values.”

The company also said that it “condemns the recent attacks that disrupt the availability of convenient and affordable charging for our customers.”

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Tesla adds new child protection feature to mobile app

Tesla is rolling out within its mobile app a new feature that aims to save the lives of those forgotten in the car.

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Credit: Tesla

Tesla is bolstering its in-car safety system with the addition of a new feature that aims to protect children left in the vehicle, an extension of a feature it introduced with the addition of 4D radar systems.

Children are, unfortunately, victims of accidents even when a vehicle is not in motion. A report from 2024 noted that 37 children under the age of 15 die each year because they are left in cars, usually dying from heatstroke.

Tesla has made a few attempts to eliminate the possibility of this happening. Back in September, coding from Software Update 2024.32 noted that the company would be using an alert system to warn people of children left behind:

Tesla set to roll out new child safety and navigation features, coding shows

This was enabled by the use of a wave sensor within the cabin, a piece of tech Teslarati found in a filing back in 2021 with the FCC.

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The entire idea behind this addition to the vehicles was to alert owners if there were passengers left in the car.

Now, Tesla is adding another level of this to its mobile app, according to a decompile of the Version 4.44.0 update, which is rolling out to customers now.

Tesla App Updates on X revealed a “Child Left Alone Detection” feature in the new app version, which has a few strings from a software perspective:

  • Cannot turn off climate when Child Left Alone Detection is active
  • Climate failed to start. Climate is unavailable when Child Left Alone Detection is active.
  • Climate controls are disabled when Child Left Alone Detection is active
  • Unable to start software update while a child is detected in your vehicle

It appears that, if the vehicle detects a child or another occupant in the car, climate controls will be disabled through the app in an attempt to maintain a proper cabin temperature. Turning the temperature up or even turning climate control off from the app will not be possible.

This is a major update to this feature as it only bolsters the safety of the occupants in the event that they are left behind. Of course, many of us might ask, “How do you leave a child in the car?”

However, it happens, as past events have shown, and this is a great way to eliminate it from happening in Tesla vehicles.

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Donald Trump shares thoughts on Elon Musk’s DOGE step back

The U.S. President also noted that Musk is a great patriot, and that the people who attack Teslas are “sick.”

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Credit: Elon Musk/X

During Tesla’s first quarter earnings call, CEO Elon Musk announced that starting in May, he would be stepping back from the Department of Government Efficiency’s (DOGE) daily operations. 

Musk’s comments were received positively by TSLA investors, resulting in the company’s stock rising despite Tesla missing Q1 expectations.

Musk’s Comments

In his opening remarks at the Tesla Q1 2025 earnings call, Musk acknowledged that there has been some blowback to Tesla due to his activities at DOGE. And while he believes that the protests against Tesla are very organized and likely paid for, he also noted that it is time for him to allocate more of his time to Tesla. 

“Starting probably next month, May, my time allocation to DOGE will drop significantly… I’ll be allocating probably more of my time to Tesla now that the major work of establishing the Department of Government Efficiency is done,” Musk noted.

Trump’s Response

Considering Musk’s comments, it was no surprise that United States President Donald Trump was asked about the CEO’s impending step back from DOGE. Trump stated that he “can’t speak more highly about any individual,” and that Elon Musk has contributed a lot to the administration due to his work with DOGE. The president highlighted, however, that the backlash against Tesla has been extremely unfair. 

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“I also know that he was treated very unfairly by the, I guess he called the public, by some of the public, not by all of it. He makes an incredible car. Everything he does is good, but they took it out on Tesla, and I just thought it was so unfair, because he’s trying to help the country, but he has helped the country,” Trump stated.

The U.S. President also noted that Musk is a great patriot, and that the people who attack Teslas are “sick.” Trump also praised Elon Musk’s initiatives, stating that all the CEO’s projects are great, from Starlink to Neuralink to SpaceX to Tesla.

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