Tesla shares rise on reports of upcoming Musk–White House talks



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.



Source link

Releated Posts

Biocon raises Rs 4,500 crore through successful QIP

Biocon completed an equity fundraising of Rs 4,500 crore through qualified institutional placement (QIP), the country’s leading biopharmaceutical…

ByAjay jiJun 20, 2025

No obstacle will remain in NSE IPO: Sebi Chairman Tuhin Kanta Pandey

Mumbai, Sebi chairman Tuhin Kanta Pandey on Friday affirmed that no obstacle will remain for the country’s largest…

ByAjay jiJun 20, 2025

Vishal Mega Mart block deal: US asset manager Vanguard buys stake worth Rs 655 crore

One of the world’s largest asset managers Vanguard on Friday executed two large block deals in Vishal Mega…

ByAjay jiJun 20, 2025

TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in

Global investment firm TPG offloaded stake worth Rs 1,505 crore in Sai Life Sciences through block deals on…

ByAjay jiJun 20, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version