financetom
Business
financetom
/
Business
/
Tesla shares rise as Politico reports Musk-White House to hold call
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla shares rise as Politico reports Musk-White House to hold call
Jun 5, 2025 11:37 PM

LONDON (Reuters) -Tesla shares listed in Frankfurt rose 5.6% on Friday after Politico reported White House aides have scheduled a call with CEO Elon Musk to broker peace after a public feud with U.S. President Donald Trump.

Trump threatened to cut off government contracts to Musk's companies, while Musk suggested Trump should be impeached, turning their relationship into an all-out brawl on social media.

Tesla shares closed down 14.3% on Thursday in New York, losing about $150 billion in market value.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Toyota exploring small drone system for off-road vehicle use
Toyota exploring small drone system for off-road vehicle use
Oct 7, 2025
WASHINGTON (Reuters) -Toyota Motor ( TM ) said on Tuesday it is exploring the development of a small drone system primarily to support vehicle operations on unpaved roads and trails. The Japanese automaker said in a filing with the Federal Aviation Administration that the potential system aims to boost situational awareness in places where it is unsafe to exit the...
BRIEF-Tg-17 Inc Says Applied To List Common Stock On Nasdaq Global Market Under Symbol OBAI
BRIEF-Tg-17 Inc Says Applied To List Common Stock On Nasdaq Global Market Under Symbol OBAI
Oct 7, 2025
Oct 7 (Reuters) - * TG-17, INC - HAVE APPLIED TO LIST COMMON STOCK ON NASDAQ GLOBAL MARKET UNDER SYMBOL OBAI. * TG-17, INC - UNLIKE IPO, THE RESALE BY REGISTERED STOCKHOLDERS IS NOT BEING UNDERWRITTEN ON FIRM-COMMITMENT BASIS BY ANY INVESTMENT BANK * TG-17, INC - FILES PROSPECTUS RELATES TO REGISTRATION OF RESALE OF UP TO 8.3 MILLION SHARES...
UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY
UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY
Oct 7, 2025
FREEHOLD, NJ, Oct. 07, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. ( UMH ) closed on the acquisition of a manufactured home community, located in Albany, Georgia for a total purchase price of $2.6 million. This community contains 130 developed homesites, of which 32% are occupied. The community is situated on 43 acres. Samuel A. Landy, President and Chief Executive...
Owens & Minor Announces Definitive Agreement to Divest Products & Healthcare Services Segment to Platinum Equity for $375mm in Cash and a Retained Equity Stake
Owens & Minor Announces Definitive Agreement to Divest Products & Healthcare Services Segment to Platinum Equity for $375mm in Cash and a Retained Equity Stake
Oct 7, 2025
Transforms Owens & Minor ( OMI ) into a Pure Play Market Leader in the Home-Based Care Market 5% Retained Equity Stake Provides Ability to Realize Future Value Creation Under Platinum Equity Preserves Tax Attributes in Excess of $150 Million RICHMOND, Va.--(BUSINESS WIRE)-- Owens & Minor, Inc. ( OMI ) today announced that it has entered into a definitive...
Copyright 2023-2026 - www.financetom.com All Rights Reserved