Trump and Musk May Kiss & Make Up after ‘We Won’t Decommission Dragon’ Post

Well, that escalated — and now, apparently, it’s de-escalating just as fast.

Less than 24 hours after Elon Musk and President Trump torched each other across social media, White House staffers are reportedly working to patch things up. A phone call between the two is said to be in the works, according to Politico.

Tesla stock (TSLA), which dropped 14% on Thursday, clawed back over 4% in premarket trading Friday as signs of a potential thaw emerged. For context, Thursday’s plunge was Tesla’s biggest single-day drop since March 10, wiping out nearly $200 billion in market cap.

Musk Cools Off after SpaceX Threats, Tesla Tanks

After calling Trump’s spending package a “disgusting abomination,” Musk had gone full scorched-earth Thursday, threatening to decommission SpaceX’s Dragon spacecraft — the only ride U.S. astronauts currently have to the International Space Station.

But by late Thursday, Musk appeared to take a follower’s advice to “cool off.” His response on X?

“Good advice. We won’t decommission Dragon.”

That one line — calm, restrained, shockingly un-Elon — may have helped stop the bleeding in Tesla shares.

Critics Say the Damage May Be Done

Not everyone is ready to move on. Former Tesla bull Ross Gerber didn’t hold back. Speaking to Bloomberg, he called the feud “a disaster” and said Musk’s empire looks like it’s “dismantling in real time.”

He even predicted massive shareholder lawsuits, blaming Tesla’s board for failing to step in. “Nobody is going to protect Tesla shareholders… The way you protect yourself is by selling stock,” he said. “I personally sold some stock today.”

A reconciliation might soothe the headlines, but the market reaction, investor confidence, and Musk’s credibility with shareholders could take much longer to recover.

As for Trump? When asked about the Musk mess, his response was pure Trump: “It’s going very well. Never done better.”

Tesla shares may be bouncing — but so far, the only thing that seems settled is that the next move in this saga is going to happen in public.

Is TSLA a Buy, Sell or Hold?

On TipRanks, Tesla (TSLA) stock carries a lukewarm Hold consensus, with 16 analysts still bullish, 10 on the fence, and 11 waving red flags with Sell ratings. The average TSLA price target sits at $282.70, suggesting Tesla is already priced near its ceiling. After Thursday’s brutal selloff, the stock is now down nearly 30% for the year — a steep drop for a company once seen as untouchable. And with the political drama dragging on, analysts don’t see a clear catalyst to reverse that slide anytime soon.

See more TSLA analyst ratings