(Reuters) – Tesla’s actions recovered on Friday some of the losses caused by a dispute between CEO Elon Musk and Donald Trump, although a truce seemed uncertain after a White House official said the president was not interested in talking with his exaliate.
The action rose almost 4% after a strong fall in the previous session, which eliminated 152,000 million dollars in market value, when the most powerful man in the world and the richest publicly entered a war of words on the tax and expenses bill.
Previously, a report from the political medium had indicated that Trump and Musk were likely to speak this day later.
Musk had indicated in X that he was willing to relax the tensions with the president, coinciding with the calls of the social network users to a distension.
But Trump told CNN this Friday: “I’m not even thinking about Elon,” adding that the billionaire “has a problem.”
Lee: Tesla accumulates loss of 380,000 MDD so far from 2025, the largest among Musk companies
Tensions increased on Thursday after Musk intensified his criticisms of the broad Trump fiscal bill, which proposed to put an end to the popular fiscal incentive of $ 7,500 for electric vehicles by the end of 2025.
In response, Trump suggested cuts to government contracts with Musk companies, including the Spacex rocket manufacturer.
“Perhaps it is too optimistic to think that your relationship will be what it was before, but if the colder heads prevail and the tension decreases, that would definitely be a great improvement for Tesla,” said Tesla’s shareholder, Matthew Britzman, who is an analyst at Hargreaves Lansdown.
Confrontation can imply obstacles to Tesla
An open confrontation with Trump could mean multiple obstacles to Tesla and the rest of the extensive business empire of Musk.
The transport department regulates vehicle design standards and would have a great influence on whether Tesla can produce robotaxis without pedals or flyers.
Tesla did not immediately respond to a request for comments.
Tesla’s shares have dropped 26.9% this year after the fall of 14% on Thursday. Even so, they contribute to 120 times the expected profits, an elevated multiple compared to other car manufacturers and even with technological giants such as NVIDIA.
Lee: Trump plans to sell the Tesla that bought Musk, according to the White House
The actions have been in a turbulent trajectory since last July, when Musk supported Trump’s candidacy to the White House.
Initially they rose because investors bet on lower regulatory pressure for robotaxis, but then collapsed due to low sales and consequences for the Musk political position mark.
The highest sales of potential Republican clients were expected to compensate the liberal boycott, but analysts warned that recent Musk actions could also erode that mattress.
“With Musk away from Republicans, there is no one left to underpin the feeling of the consumer to Tesla, which could lead to a large -scale collapse in the brand’s perception,” said the political strategist Evan Roth Smith, co -founder of Slingshot Strategies.
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