The EV maker’s shares rose 11.9% on Monday, the best one-day gain since the near-15% rise on Nov. 6. This came after a 5.3% rise on Friday.

Tesla stock is on track for its best day since Trump won the presidential election. Shares are up more than 10% Monday, putting Tesla on pace for its longest winning streak since December and its best four-day stretch since mid-November,

Some Trump supporters have claimed that he is intentionally trying to induce economic pain to force the Federal Reserve to lower interest rates, which would make it cheaper to refinance the national debt.

US stocks open up but turn choppy, trying to extend Monday's rally on Trump's softer tariff plan but questions remain. Consumers lose confidence.

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