Overview
- Musk reshared a Truth Social post by Trump criticizing LA protests and added American flag emojis, later replying with a heart emoji to a clip of Trump wishing him well
- Tesla’s stock rebounded about 4.6% on Monday after shedding $153 billion in market value during their public spat, though shares remain below pre-feud levels
- Trump announced he will keep the Tesla he purchased from Musk and has no plans to cut ties with Musk’s Starlink internet service
- Musk refollowed White House deputy chief of staff Stephen Miller and deleted several inflammatory posts linking Trump to the Epstein files, signaling a broader softening
- Analysts say a rapprochement could ease fears over contract threats to Tesla and SpaceX, though future policy risks remain