TLDR
- Tesla stock recovered most losses from the Musk-Trump feud, gaining 10% last week to close around $325
- JPMorgan data shows Tesla’s earnings estimates have plunged 77% for 2025 despite stock gains since 2022
- Tesla’s forward P/E ratio stands at 166 times compared to S&P 500’s 22 times
- EV subsidies represent about 52% of Tesla’s current profits, facing potential removal under Trump
- Robotaxi launch scheduled for June 22 after delays, with autonomous driving promises dating back years
Tesla shares bounced back last week as tensions cooled between Elon Musk and President Trump. The stock gained 10% to close Friday at around $325.
This recovery comes after a sharp selloff when Musk and Trump engaged in public sparring. Tesla shares dropped 8% in June while the S&P 500 gained 2%.
The feud highlighted concerns about Musk’s influence with the Trump administration. Early assumptions about Musk being…
