tesla inc tsla shares which rallied sharply going into the close on thursday may carry the momentum forward into fridays session in premarket trading the stock rose 154 to 17473 according to benzinga pro data the gain comes on the back of a positive reaction to elon musk who said he has hired a new ceo for twitter which he bought in oct 2022 the new ceo would start in about six weeks he said my role will transition to being exec chair  cto overseeing product software  sysops he said the wall street journal reported that musk is in talks with linda yaccarino head of advertising at nbcuniversal a comcast corp cmcsa company the ev giant also increased prices on certain models in the us for the second time this month commenting on the development tesla bull daniel ives from wedbush commented that the planned transition came earlier than expected he sees this as a positive development as it frees up the billionaires time to focus more on tesla and spacex check out more of benzinga’s future of mobility coverage by following this link future funds gary black sees a nearterm rally in tesla stock especially over the next few sessions going into tuesdays annual shareholder meeting the fund manager expects more announcements from musk that could please tesla investors he also expects strength from the company stalling its price cuts see also everything you need to know about tesla stock