Bloomberg Talks Dan Ives Talks Musk/Trump Feud
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Jun 6, 2025 
Dan Ives, Global Head of Technology at Wedbush Securities, dives into the spicy feud between Elon Musk and Donald Trump. He explains how this rivalry is influencing Tesla's stock and Musk's financial standing. Ives highlights the volatility in Tesla's market, driven by political dynamics and Musk's controversial views. He also discusses the delicate balance of brand perception amidst these tensions and presents an optimistic outlook for Tesla's future, despite the ongoing challenges.
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Frenemies Feud Causes Volatility
- The feud between Musk and Trump creates volatility but is likely to resolve quickly.
- This conflict doesn't change Tesla's long-term autonomous vehicle vision or regulatory outlook.
Musk Balances Trump and China
- Musk distancing from Trump partly to protect Tesla and maintain good relations with China.
- This strategic balance aims to safeguard Tesla amid geopolitical and market pressures.
Need for Musk-Trump Alliance
- Musk needs Trump as an ally, not enemy, especially for Tesla's autonomous ambitions.
- The current tensions resemble stubborn kids in junior high school who will eventually reconcile.