Closing Bell Closing Bell: Trump, Xi and Musk Front and Center 6/5/25
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Jun 5, 2025 Bryn Talkington, a shareholder of Tesla and CNBC contributor, dives into the electric market's pulse amidst high-stakes conflicts involving Trump and Musk. The discussion highlights dramatic shifts in investor sentiment and their implications for Tesla's future. Bryn also examines Broadcom's upcoming earnings and its strategic edge in the competitive semiconductor landscape, while navigating broader economic dynamics influenced by political tensions. Insights on AI investments and the stock debut of Circle add a layer of intrigue to the ever-evolving market landscape.
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Musk-Trump Feud Risks Tesla
- The public feud between Elon Musk and Donald Trump highlights the significant risks of intertwining politics and business leadership.
- Their conflict impacts Tesla's stock and raises concerns about government contracts for SpaceX.
Wait on Tesla Stocks
- Wait for Tesla stock to drop to the mid 250s or 260s before buying due to current instability.
- Look for a positive rollout of the Cybertruck next week to stabilize stock price.
Brand Damage from Musk-Trump Split
- The Musk-Trump split likely damages Tesla's brand and could alienate some buyers, especially on the political right.
- Overcoming this brand damage and separating Tesla from Musk's image will take significant time.