<div id="readability-page-1"><p>It appears that the feud between President Trump and Elon Musk is a thing of the past. During a bill signing ceremony, Trump said &#34;I like Tesla,&#34; and that Musk is a &#34;friend of mine.&#34; Interestingly enough, the ceremony involved disapproval resolutions against California's electric vehicle mandates and rules, with Trump signing against California's plan to halt the sale of gasoline-powered vehicles by 2035. That isn't exactly a positive for Tesla (TSLA).</p><h3>Confident Investing Starts Here:</h3><ul><li> Easily unpack a company's performance  with TipRanks' new KPI Data for smart investment decisions </li><li> Receive undervalued, market resilient stocks right to your inbox  with TipRanks' Smart Value Newsletter </li></ul> <h2><strong>Musk Apologizes to Trump</strong></h2> <p>Trump's statements come after Musk issued an apology to him on X, saying &#34;I regret some of my posts about President Donald Trump last week. They went too far.&#34; Last week, Musk and Trump traded disparaging remarks stemming from Musk's dissatisfaction with the GOP tax and spending bill. The dispute escalated to Trump threatening to cut government contracts and subsidies for Musk's companies before cooling off.</p> <p>TSLA stock is falling today but is still up by 35% during the past three months.</p> <figure><img width="1024" height="523" src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2025/06/Screenshot-2025-06-12-at-1-1024x523.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2025/06/Screenshot-2025-06-12-at-1-1024x523.png"/></figure> <p>Disclaimer &amp; Disclosure</p><p>Looking for a trading platform? Check out TipRanks'                         Best Online Brokers                       guide, and find the ideal broker for your trades.</p>Report an Issue</div>

TSLA

<p>Trump has called Elon Musk a 'friend' and expressed his support for Tesla, signaling a thaw in their recent feud. This comes as Trump signed resolutions against California's electric vehicle mandates, which may not bode well for Tesla. Musk recently apologized to Trump for previous disparaging remarks. Despite a drop in TSLA stock today, it has risen 35% over the past three months.</p>

- The feud between President Trump and Elon Musk seems to have ended, with Trump expressing support for Tesla during a bill signing ceremony.  
- This event involved disapproval of California's electric vehicle mandates, which contradicts Tesla's interests, as Trump signed against a plan to stop gasoline vehicle sales by 2035.  
- Musk recently apologized to Trump for previous disparaging remarks, following a dispute over a GOP tax and spending bill, while TSLA stock has seen a 35% increase over the past three months despite a current decline.  

Trump Calls Musk a 'Friend,' Says 'I like Tesla' as Feud Fades