esla shares traded in Frankfurt jumped 5.6% on Friday following a Politico report that White House officials have arranged a call with CEO Elon Musk in an attempt to ease tensions after a very public dispute with President Donald Trump.
The feud escalated after Trump threatened to revoke federal contracts awarded to Musk’s companies, while Musk responded by suggesting Trump should be impeached, fueling a high-profile clash on social media.
The surge in Frankfurt trading came after Tesla’s U.S.-listed shares (NASDAQ: TSLA) plunged 14.3% on Thursday, wiping out approximately $150 billion in market capitalization.
