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

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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.

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


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.

Discover the stories of your interest

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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