Tesla Shares Bounce Back Slightly Amid Musk-Trump Feud, But Tensions Remain

Tesla’s stock recovered a bit on Friday after a big fall, despite ongoing tension between CEO Elon Musk and U.S. President Donald Trump.

The day before, Tesla’s value dropped by $152 billion after Musk publicly criticized Trump’s new tax plan, which could end a $7,500 electric vehicle (EV) incentive. In response, Trump suggested cutting government contracts with Musk’s companies like SpaceX.

Although a report suggested the two might talk, Trump told CNN he’s "not even thinking about Elon" and claimed Musk "has got a problem." Meanwhile, Musk hinted on social media that he’s open to easing the feud.

Despite the 4% rebound in Tesla stock on Friday, the company’s shares are still down nearly 27% this year. Analysts warn that Musk’s political involvement may be hurting Tesla’s image, especially if he loses support from both liberals and conservatives.

Some worry this conflict could cause more trouble for Tesla, especially with future projects like robotaxis, which need government approval.

For now, the clash between two powerful figures, America’s president and the world’s richest man, continues to cast a shadow over Tesla’s future.