fromBusiness Matters
15 hours agoTesla stock surges nearly 50% since Elon Musk's spat with Donald Trump
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.
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