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Apr 2 Tariffs come into focus, market seems to find relief in clarity

Apr 2 Tariffs come into focus, market seems to find relief in clarity

$DHI $ON $ZS

Mukund Mohan
April 02, 2025

Market

“Tesla shares move much higher from lows of the morning on news of a poor quarter for sales and deliveries to Elon Musk leaving his position at DOGE to head back to his X AI, SpaceX and Tesla jobs” 😊 😋

Markets were mostly happy before tariffs at 1pm EST

The market is hoping that a combination of Elon Musk leaving DOGE to focus on $TSLA and tariffs coming to a closure (with the announcement) will mean more clarity on the ongoing fiscal condition. I am not betting on that. I think the uncertainty continues and the markets will be choppy.

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