Tesla Shares Rise 5.6% as White House Schedules MuskTrump Call
According to sources, White House aides arranged a call between Elon Musk and President Donald Trump to defuse tensions after their public spat, which
According to sources, White House aides arranged a call between Elon Musk and President Donald Trump to defuse tensions after their public spat, which caused Tesla shares to rise 5.6% in Frankfurt. After Trump threatened to stop awarding government contracts to Musks businesses and Musk suggested that Trump should be impeached, the conflict intensified. Last day, Teslas shares fell 14.3%, erasing $150 billion in market value. Experts think the dispute might affect Teslas regulatory position, especially with relation to EV subsidies and approvals for autonomous vehicles. Musk said that he was amenable to reducing tensions, but Trump said he was "not even thinking about Elon," thus the outcome is unclear.
Read More..
B2B Tech News | 1 months ago