Tesla (TSLA) shares jumped $13.03, or 4%, to $308.17 after President Trump expressed support for CEO Elon Musk. In a statement from the White House, Trump wished Musk “well” and downplayed a dispute over Musk’s Starlink satellite service. The positive comments came as AST SpaceMobile (ASTS) and Rocket Lab (RKLB) shares fell due to Trump’s conciliatory remarks about SpaceX and its rival technology.
In other market news, new data on Tesla’s performance is available through TipRanks’ KPI Data tool, which can help investors make informed decisions. Additionally, Wall Street analysts have downgraded Tesla shares after the company’s recent fallout with President Trump.
Source: https://www.tipranks.com/news/the-fly/tesla-up-4-after-trump-says-he-wishes-ceo-musk-well-thefly