00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares rose 4.98% in pre-market trading Friday following reports of a possible
00:06reconciliation between CEO Elon Musk and President Donald Trump, according to Benzinga.
00:12Balance came after Tesla lost $152 billion in market cap Thursday,
00:16its largest ever single-day drop amid tensions over Trump's big, beautiful bill.
00:21Trump hit it at making peace with Musk in a Politico interview,
00:23and the White House is reportedly working to escalate the feud.
00:26Analyst Dan Ives believes the conflict is nearing resolution and said Tesla stock is oversold,
00:32a potential upside tied to Musk's renewed focus on autonomous tech.
00:35Elon Musk echoed his optimism in response to Bill Ackman's call for peace.
00:39Goldman Sachs attributed Tesla price target $285 for $295,
00:44citing weaker global delivery data and a new trial look.
00:47Benzinga edge rates Tesla high in price momentum, but low in valuation metrics.
00:51For all things money, visit Benzinga.com slash GSTV.
Comments