[Market Focus] Musk Announces Return to Tesla... Domestic Secondary Battery Stocks Rise
Shares of domestic secondary battery-related companies rose across the board on April 23, following the announcement by Tesla CEO Elon Musk that he will fully return to managing the company starting next month.
Hot Picks Today
Despite "Insufficient Balance" Notices, They Board Anyway... Reports of Foreign Fare Evasion Mounting
- "If It Helps My Child's Studies, It's Worth Every Penny"... U.S. Parents Open Their Wallets for $10,000 Tests
- [Exclusive] "We Came for a KRW 140,000 Trip": Following Chinese Tourists in Korea Uncovers a 'Suspicious' Tour
- "I'm paying to stay, and you want me to do the laundry and dishes too?" ... Airbnb bans excessive cleaning demands
- "Baek Jongwon Had Been Quiet, Then Hit It Big"... Waits in the 100s in U.S. Despite KRW 46,000 Pork Belly
As of 11:08 a.m. on this day, Samsung SDI was trading at 184,800 won, up 7,500 won (4.23%) from the previous trading day. At the same time, LG Energy Solution rose 3.46% to 343,500 won, and SK Innovation was up 2.28% at 94,200 won. Shares of Enchem (12.87%), Ecopro Materials (4.59%), and Ecopro BM (3.81%) were also on the rise.
![[Market Focus] Musk Announces Return to Tesla... Domestic Secondary Battery Stocks Rise](http://www.asiae.co.kr/news/img_view.htm?img=2025042309254030966_1745367940.jpg)
Previously, on April 22 (local time), CEO Musk stated during Tesla's first-quarter earnings conference call that "most of the main tasks of the Department of Government Efficiency (DOGE) have been completed," and announced his plan to focus on Tesla business starting next month. Tesla's share price rose 4.6% in the regular session that day, and after CEO Musk's remarks in after-hours trading, the stock saw an increase of over 5%.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
