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Tesla Stock Rises Amid Musk-Trump Tensions, Robotaxi Launch Ahead

6/18/2025

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Story summary
  • Tesla's stock surged 1.8% in premarket trading, bouncing back from a dip fueled by tensions between Elon Musk and Donald Trump. After a 10% gain last week, shares closed near $325. However, the year-to-date decline of 19% looms large, as investors eye dwindling earnings estimates and the highly anticipated robotaxi launch on June 22 in Austin.