"On June 5, 2025, the feud sent Tesla stock tumbling 14% in a single session, wiping $150 billion off its market value. The sell-off drove shares to an intraday low of $284.70 amid fears that Musk's political fallout with Trump could dent the company's growth prospects. Instead, the episode marked the start of a three-month rally. By September 16, Tesla closed at $421.62, representing a 48% gain from the June nadir."
"Insider confidence: Musk's $1 billion open-market purchase of Tesla stock in mid-September proved pivotal. It was his first such move since 2020, a signal that reassured investors and accelerated the rally. Operational delivery: Tesla's Q2 results confirmed 410,000 vehicles produced and 384,000 delivered, alongside a record 9.6 GWh of energy storage deployed. Analysts said the figures demonstrated resilience across Tesla's energy division, even as EV demand softened."
"Narrative shift: Through July and August, Tesla made progress on its full self-driving (FSD) and robotaxi roadmap. Limited rollouts expanded beyond Austin, with activity reported in Las Vegas, boosting the bullish case for Tesla's software and autonomy "optionality". Markets initially priced in political risk within hours of the Musk-Trump spat, fearing regulatory retaliation or cancelled contracts. Yet within a day, the panic subsided."
Tesla shares plunged 14% on June 5, 2025, wiping $150 billion from market value and hitting an intraday low of $284.70 amid fears of political fallout with President Trump. Over the following three months the stock rallied to close at $421.62 on September 16, a 48% gain from the June nadir. Musk's $1 billion open-market purchase in mid-September signaled insider confidence and accelerated the recovery. Q2 results showed 410,000 vehicles produced, 384,000 delivered, and a record 9.6 GWh of energy storage deployed. Limited FSD and robotaxi rollouts expanded beyond Austin, including Las Vegas, supporting the bullish case.
Read at Business Matters
Unable to calculate read time
Collection
[
|
...
]