Reported about 15 hours ago
Tesla shares have regained value after a contentious back-and-forth between CEO Elon Musk and President Donald Trump began to cool, easing fears about potential political repercussions for the company. Early trading saw shares rise by about 5% following indications that Musk is open to reducing tensions with Trump. The previous day's conflicts had notably eroded over $150 billion from Tesla's market value, prompting fears of regulatory challenges and further declines. Analysts suggest that while the relationship may not fully revert to its previous state, any reduction in hostility would benefit Tesla.
Source: YAHOO