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BTCC / BTCC Square / Global Cryptocurrency /
Musk-White House Call Stabilizes Tesla Amid Market Turbulence

Musk-White House Call Stabilizes Tesla Amid Market Turbulence

Author:
Global Cryptocurrency
Published:
2025-06-06 09:03:02
24
3

Tesla shares rebounded sharply on Germany's TradeGate Exchange, climbing 6% after a brutal 14% drop—the steepest single-day decline since March. The recovery followed reports of a WHITE House-brokered call between Elon Musk and President Trump, aiming to defuse tensions after a public feud over fiscal policy.

The clash began with Musk's scathing critique of Trump's legislative agenda, triggering volatility across Trump-linked equities including Palantir and DJT. Market observers noted the spat's disproportionate impact on tech stocks with political exposure, though both parties signaled reconciliation by Thursday's close.

|Square

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