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Gary Black's Tesla Prediction Holds Up: Stock Recovers As Musk-Trump Feud Fades, Robotaxi Launch Looms - Tesla (NASDAQ:TSLA)

  • On May 30, 2025, Elon Musk spoke with U.S. President Donald Trump in the Oval Office in Washington, DC amid a public feud affecting Tesla’s stock.
  • This followed escalating conflict last week, when a war of words between Musk and Trump caused Tesla’s market cap to drop 14% in one session.
  • Despite ongoing challenges including declines in Tesla’s automotive revenue and market share, driverless vehicle testing without safety supervisors in Austin signals progress.
  • Tesla shares increased by 5.7% on Tuesday, closing at $326.09, as Piper Sandler analysts noted that an important aspect of their investment outlook on TSLA is now unfolding.
  • The feud’s de-escalation and the upcoming robotaxi pilot on June 12 suggest potential recovery, though Tesla faces persistent market and political risks ahead.
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ecotopical.com broke the news in on Tuesday, June 10, 2025.
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