President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.

The Trump administration is reportedly looking for alternatives to Musk’s SpaceX as contractor for its Golden Dome missile defense system.

Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased competition and loss of tax credits.

Meta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff deadline. Tesla robotaxi may expand to San Francisco, with a caveat.

Elon Musk once again emphasized the importance of solar energy on the social media platform X on Thursday, following the launch of a home energy plan in Texas by his firm Tesla, in partnership with residential solar firm Sunrun.

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.

The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.

In the midst of an on-again, off-again, explosive public feud that culminated in Musk dropping the bomb that “Donald Trump is in the Epstein files,” the president threw out a surprise olive branch. “I want Elon, and all businesses within our Country, to THRIVE, in fact, THRIVE like never before!” he wrote on Truth Social on Thursday.