Tesla Jumps 5% in Premarket Trading as Stock Reels From Trump-Musk Drama
5 Articles
5 Articles
US stock market today: Wall Street steadies as Tesla bounces back from $150bn rout, all eyes on payroll data
US stock futures saw a slight increase as investors awaited the release of critical labor data. Tesla shares rebounded following reports of a scheduled call between Elon Musk and President Trump to de-escalate tensions.
Tesla Shares Lose $150 Billion Market Value As Trump-Musk Bromance Sours
Asian shares were subdued on Friday as investors hunkered down for the all-important payrolls report, while Tesla suffered huge losses on the very public feud between President Donald Trump and billionaire Elon Musk.
Trump-Musk Row Slams Tesla Shares, $150 Billion in Market Value Wiped Out
Tesla shares went into free-fall on Thursday as President Donald Trump publicly feuded with Elon Musk. Traders dumped Tesla in heavy trading after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill. Trump fired back further, alleging Musk was upset because the bill takes away tax benefits for electric vehicle purchases.
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