*Walter Bloomberg|Jun 06, 2025 11:05
WEDBUSH ON MUSK-TRUMP FEUD:
Dan Ives called the recent clash between Elon Musk and Donald Trump one of the strangest yet, comparing their falling-out to a "junior high school" spat. The public feud has pressured Tesla shares amid fears Trump could push tougher regulations. However, a White House call between the two is expected, aiming to ease tensions. Ives emphasized that “Musk needs Trump and Trump needs Musk,” and sees the stock as oversold. He remains bullish on Tesla’s 1 trillion autonomous future.
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