Investors may want to keep an eye on Tesla (TSLA).

After plummeting on his political involvement with DOGE, the electric vehicle stock is just starting to pivot higher. In fact, after testing $225, the stock is reversing, last trading at $282.40.

All on word that Elon Musk may be stepping back from DOGE.

According to Newsweek, “According to Politico, Trump continues to view Musk and his Department of Government Efficiency (DOGE) initiative favorably. However, the outlet reported that two men have recently agreed that the time is approaching for Musk to shift focus back to his business ventures and take on a more limited, supportive role.”

“Musk’s looming retreat comes as some Trump administration insiders and many outside allies have become frustrated with his unpredictability and increasingly view the billionaire as a political liability, a dynamic that was thrown into stark relief Tuesday when a conservative judge Musk vocally supported lost his bid for a Wisconsin Supreme Court seat by 10 points,” added Politico.com.

Whatever you may think of Elon Musk and President Trump doesn’t matter. What matters is the opportunity we’re just starting to see in oversold shares of Tesla. If the stock is starting to explode higher, which could make you money, we’re going to jump on it.

We also have to consider that the bearish side of the trade is a bit overdone.

Crisis has become opportunity for Tesla.

From its last traded price of $277.52, we’d like to see TSLA initially retest $350 a share.