
Elon Musk, the CEO of Tesla, expressed regret on Wednesday for some of his recent social media posts criticizing U.S. President Donald Trump. Musk admitted that some comments he made last week during a heated exchange went too far. The apology came after weeks of public back-and-forth between the two influential figures. This unexpected gesture helped ease tensions as Tesla’s stock price rose early Wednesday, gaining momentum after last week’s sharp sell-off.
Investors responded positively as shares climbed, reflecting renewed optimism about Tesla’s future. Analysts noted that the cooling of the feud could stabilize both Tesla’s performance and investor confidence. In addition, Musk announced that Tesla aims to launch its robotaxi service by June 22, signaling the company’s ongoing innovation efforts.
This apology marks a rare public retreat for Musk amid a turbulent period marked by political disagreements and criticism. The Trump administration has been critical of Musk’s social media activity, which intensified over the past few weeks. Industry insiders believe this newfound truce might benefit both parties, at least temporarily.
Washington has become the center stage for this high-profile reconciliation, where Musk is also involved in various technological and political ventures. The grounding of hostilities between the billionaire businessman and the president could have broader implications in the tech and political landscapes.
Key points to note:
- Elon Musk apologized for his recent criticisms of President Trump.
- The apology helped ease tensions and boosted Tesla’s stock performance.
- Tesla plans to launch its robotaxi service by June 22.
- The reconciliation might positively impact both political and technological spheres.
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