As Tesla pulls out of 2026 governor’s race, it accumulates 100% after Walz’s criticism
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Tesla shares are up more than 100% from last year's lows despite Tim Walsh's public taunts. Walz is running for a third term in the presidential bid, which has been a politically tense and unusually difficult year for Minnesota.
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Tesla shares have surged more than 100% since Minnesota Governor Tim Walz publicly derided the stock last year, trading at around $230.
In the year As of Jan. 5, 2026, the shares have risen to about $454, marking a swift recovery for the electric vehicle maker.
The recall comes as Walz announced he has ended his bid for a third term as governor. After months of political pressure related to the child care fraud investigation, he said he would not be able to commit to the energy needed to campaign after what he described as an extremely difficult year for the state.
