What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 6.1% in the afternoon session after CEO Elon Musk and President Donald Trump appeared to de-escalate their recent tensions.

Musk has long promised an autonomous Tesla vehicle, with estimates of delivery that were always “two or three years away.” Now a hand-selected group will be able to see the potentially game-changing car in action in the Texas capital for themselves.

Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.

Milan Kovac was a top AI executive and led development of a humanoid robot that is central to Elon Musk’s vision for the electric vehicle maker.

Musk slammed Trump’s new “One Big Beautiful Bill,” calling it “a massive, outrageous, pork-filled Congressional spending bill.” He said it worsens the deficit and undoes the cost-cutting efforts he was tasked with under the Department of Government Efficiency (DOGE).

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

Expert analysis on Tesla, Inc.: click for why selling TSLA stock now may be wise amid valuation concerns, regulatory risks, and competitive pressures.

Tesla (TSLA) shares crashed 14.3% on Thursday, June 5 amidst a public spat between CEO Elon Musk and President Donald Trump. Musk initially took aim at Trump’s tax-and-spending bill, and Trump responded by threatening to terminate the billionaire’s federal contracts and subsidies.