The stock price of Tesla, which had plunged due to the conflict between U.S. President Donald Trump and Tesla CEO Elon Musk, rebounded on the 6th (local time) and regained $300.
As of 12 p.m. on this day, Tesla's stock price on the New York stock market was trading at $301.92, up about 6% from the previous day. The previous day, Tesla's stock price fell from $332.05 to $284.7. In just one day, $152 billion (about 206 trillion won) evaporated. This was because Trump and Musk were in a heated exchange.
However, Musk hinted at the possibility of reconciliation. Musk stated on the social media platform X that he would not withdraw the Dragon spacecraft. He also responded, 'You are not wrong,' to a post by billionaire Bill Ackman that said, 'Trump and Musk must achieve peace for the great interests of America.' It was reported that the White House staff would also mediate the reconciliation between Trump and Musk.
Additionally, the announcement of U.S. job growth exceeding expectations contributed to easing concerns about an economic slowdown and led to the rebound of Tesla's stock price.