Tesla, Wall Street
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Tesla Shares Caught in Middle of Musk-Trump Breakup
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For months, Tesla shareholders were tormented by Elon Musk’s role in the administration of President Donald Trump. But any relief brought by his formal government exit last week quickly turned to fear as the electric-vehicle maker’s chief executive traded barbs with his former boss.
1don MSN
Elon Musk has alienated “multiple sides of the political spectrum” from Tesla, according to one prominent Wall Street analyst.
(Reuters) -U.S. stock index futures edged up on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.
Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.
Tesla stock rebounded Friday as investors looked for signs of a deescalation of the feud between CEO Elon Musk and President Trump.