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Apple CEO Tim Cook attends the world premiere of “F1”

NEW DELHI : President Donald Trump’s announcement of a deal

Exporters across sectors are worried after US President Donald Trump

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The average rate on a 30-year fixed US mortgage slipped to 6.72% this week, down slightly from 6.74% a week earlier and matching levels last seen three weeks ago, mortgage

Apple CEO Tim Cook attends the world premiere of “F1” at Times Square in New York on June 16, 2025. Angela Weiss | AFP | Getty Images Apple reports fiscal

NEW DELHI : President Donald Trump’s announcement of a deal to develop Pakistan’s “massive oil reserves” sounds more like a strategic manoeuvre on the South Asian chessboard to counter Islamabad’s

Exporters across sectors are worried after US President Donald Trump declared a 25 per cent tariff on Indian goods from August 1, along with an unspecified penalty linked to India’s

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India’s sugar production is expected to rise 18% to 34.90 million tonnes in the 2025-26 season starting October, with the industry projecting scope for exports of 2 million tonnes, according

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NEW DELHI : President Donald Trump’s announcement of a deal to develop Pakistan’s “massive oil reserves” sounds more like a strategic manoeuvre on the South Asian chessboard to counter Islamabad’s

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In a major step towards expanding satellite broadband access, Elon Musk’s Starlink has been granted a Unified Licence to provide satellite internet services in India, Union Telecom Minister Jyotiraditya Scindia

The rupee recovered 15 paise on Thursday to settle at 87.65 against the US dollar, bouncing back slightly from its all-time closing low, helped by softer crude oil prices and

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File photo: US President Donald Trump and Mexican President Claudia Sheinbaum (Picture credit: AP) US President Donald Trump on Thursday announced a 90-day extension for trade negotiations with Mexico, allowing

Tesla stock climbs as Musk sets robotaxi date, Trump tensions cool

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Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025.

Nathan Howard | Reuters

Tesla rallied for a fourth straight session as the spat between CEO Elon Musk and President Donald Trump showed further signs of a cooldown.

Shares rose about 2% Wednesday and were up more than 12% this week.

Tesla investors also caught a spark of hope for the company’s robotaxi strategy after Musk said the service will “tentatively” launch in Austin, Texas on June 22. In a post on X, Musk said the first driverless robotaxi will travel from the factory to a customer’s house on his June 28 birthday.

Overnight, the Tesla CEO said in a post on social media platform X that he regrets some of his recent social media posts about Trump and that they “went too far.”

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Tesla year-to-date stock chart.

Last week, a public feud between the two erupted, dissolving a tight-knit partnership that included hefty donations to Trump’s re-election campaign and a leadership role for Musk in slashing budgets at the newly created Department of Government Efficiency, known as DOGE.

Musk’s attacks on the Trump-backed massive tax and spending bill initially sparked the feud.

Musk blasted the plan on X, calling it a “disgusting abomination” that would hike the current deficit.

That escalated a tit-for-tat social media battle that resulted in Trump hinting at cutting government contracts with Musk’s companies and led to Tesla’s biggest-ever market cap loss.

Trump’s mega tax and spending bill faces pushback from fiscal hawks, Musk

— CNBC’s Lora Kolodny contributed reporting



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