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Tesla shares rise as Politico reports Musk-White House to hold call

Published 19 hours ago1 minute read

Trump threatened to cut off government contracts to Musk's companies, while Musk suggested Trump should be impeached, turning their relationship into an all-out brawl on social media.

<p>Tesla shares closed down 14.3% on Thursday in New York, losing about $150 billion in market value.</p>
Tesla shares closed down 14.3% on Thursday in New York, losing about $150 billion in market value.

Tesla shares listed in Frankfurt rose 5.6% on Friday after Politico reported White House aides have scheduled a call with CEO Elon Musk to broker peace after a public feud with U.S. President Donald Trump.

Trump threatened to cut off government contracts to Musk's companies, while Musk suggested Trump should be impeached, turning their relationship into an all-out brawl on social media.

Tesla shares closed down 14.3% on Thursday in New York, losing about $150 billion in market value.

  • Published On Jun 6, 2025 at 12:58 PM IST

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