Tesla shares climbed around 5% on Tuesday after CEO Elon Musk reiterated his intention to refocus on his core companies — Tesla, X, and xAI — following a weekend marred by a service disruption at his social media platform.

Musk posted on X that he needs to be “super focused” as these companies prepare to launch what he described as “critical technologies.”

The stock was up around 4.6% to trade at $355.05 in the early hours of trading on Tuesday.