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BTCC / BTCC Square / Global Cryptocurrency /
Tesla Shares Rebound After Musk-Trump Feud Sparks $152 Billion Selloff

Tesla Shares Rebound After Musk-Trump Feud Sparks $152 Billion Selloff

Author:
Global Cryptocurrency
Published:
2025-06-06 13:46:02
19
3

Tesla Inc. shares surged 4.66% in early trading Friday, clawing back some of the $152 billion in market value erased during Thursday's historic 14% plunge. The whipsaw action followed a public clash between CEO Elon Musk and former President Donald TRUMP over clean energy policy, which triggered the worst single-day drop for the EV maker this year.

While the Musk-Trump social media feud dominated market discourse, broader indices held steady. The tech-heavy Nasdaq edged 0.4% higher as investors awaited May jobs data that could clarify the Federal Reserve's policy path. Tesla's partial recovery appeared fueled by Optimism around its upcoming robotaxi unveiling.

|Square

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