Tesla's stock climbed after a turbulent week sparked by a heated public feud between CEO Elon Musk and President Donald Trump, which wiped out $150 billion in market value. Musk's sharp criticisms of Trump on X escalated tensions, but he later admitted to going "a bit too far," helping stabilize the stock. Meanwhile, Tesla is pushing forward with its robotaxi launch in Austin, Texas, scheduled for June 22, with initial autonomous vehicle deliveries by June 28. The company plans a small fleet of 10-20 robotaxis, supported by remote teleoperators, as it navigates competition from Waymo and others in the self-driving race.
Will this feud impact the success of the Tesla Company moving forward? Share your thoughts in the comments. ⬇️
Link to article: https://finance.yahoo.com/news/tesla-stock-wavers-as-musk-says-trump-criticism-went-too-far-company-targets-june-22-for-robotaxi-launch-183723528.html
June 11