Tesla's Market Value Has Surpassed $1 Trillion Again

• 10.06.2025, 21:14

The company's capitalization rebounded after the conflict between Musk and Trump.

As of 20:30 Minsk, Tesla shares rose 3.67% to $319.98, bringing the company's market value up to $1.03 trillion. However, this is still 13% below the May high of $367.71 per share.

The market value of Tesla last week collapsed below $1 trillion amid a quarrel between Ilon Musk and Donald Trump. The conflict was sparked by Ilon Musk's June 3 post on social network X, in which he called the president's bill to cut government spending "ugly." This was followed by an exchange of criticisms, revelations and threats.

In the course of the absentee polemic (which was conducted in parallel in two social networks X and Truth Social), Trump said that he was dissatisfied with subsidizing Tesla from the state budget.

The abolition of government programs could have a painful impact on Tesla's business. Currently, the U.S. provides tax credits for buyers of electric cars that range from $3750 to $7500, depending on the level of localization of production of components used in the batteries. The incentive applies to electric cars purchased between 2023 and 2032.

If it weren't for the $595 million in revenue from so-called "regulatory credits" in the first quarter, Tesla would have reported a loss of $186 million.In addition, the U.S. currently provides tax credits for electric car buyers, spurring demand.