Tesla stock up 50% since Musk spat with Trump

Tesla (NASDAQ: TSLA) has rallied nearly 50% since the public clash between Elon Musk and U.S. President Donald Trump on June 5.

That day, Tesla’s stock lost about 14%, erasing $150 bln in market value and hitting a low of $284.70. Instead of collapsing further, shares rebounded the very next session and have climbed steadily through the summer.

By September 16, Tesla closed at $421.62, up 48% from the fallout low. A $1,000 buy on June 5 would now be worth around $1,480, according to data compiled by Finbold Research.

The rally was fueled by Musk’s $1 bln stock purchase in mid-September, record Q2 production of 410,000 vehicles and 9.6 GWh of energy storage, and momentum in Tesla’s robotaxi and FSD programs.

“The rebound highlights Musk’s unique ability to flip sentiment. What looked like a $150 billion blow turned into a 48% rally in just over three months,” said Jordan Major, Senior Analyst at Finbold.

Diana Paluteder, Head of Content at Finbold Research, added that Musk’s insider buy and Tesla’s strong energy and autonomy progress, “have shifted the story from political drama back to fundamentals. That’s why investors are chasing the stock again.”

For now, Tesla has turned a political shock into one of 2025’s sharpest rebounds: Musk 1, Panic 0.