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Tesla stock rebounds following $153 billion wipeout in market value amid Musk-Trump fallout

DeFi Daily News by DeFi Daily News
June 6, 2025
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Tesla stock rebounds following 3 billion wipeout in market value amid Musk-Trump fallout
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Tesla (TSLA) stock is staging a recovery Friday morning after sinking and erasing $153 billion of market value on Thursday in response to CEO Elon Musk’s ensuing feud with President Trump. This all comes one week ahead of the EV developer’s launch of its robotaxi beta in Austin, Texas.
ROTH MKM senior research analyst Craig Irwin and The Washington Note Founding Editor at Large Steve Clemons join the Morning Brief team in discussing Musk and Trump’s relationship and whether this fallout could impact Musk’s other businesses.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
#youtube #Tesla #Trump #elonmusk

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Tags: BillionBondsbusinessCurrenciesEquitiesfalloutFXInvestingInvestmentMarketMarketsMoneyMuskTrumpNewsNYSEPersonal FinancePoliticsReboundsSavingsStockStock marketstocksTeslawipeoutYahoo FinanceYahoo FInance Premium
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