Microbot Medical (NASDAQ:MBOT) Azioni

Microbot Medical

Microbot Medical Inc is a clinical-stage medical device company specializing in the research, design and development of next-generation robotic endoluminal surgery devices targeting the minimally invasive surgery space. It is focused on leveraging its robotic technologies to redefine surgical robotics while improving surgical outcomes for patients. Using its LIBERTY technological platform, the company is developing the first-ever fully disposable robot for various endovascular interventional procedures.

Microbot Medical Inc

Despite dodging some tariff impact from not having manufacturing operations in China, Dell Technologies Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) growth is projected to subside in the second half of the fiscal year, explains this Gimme Credit analyst, as he prefers HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>).
What Happened: Even though the company has an artificial intelligence server backlog of $14 billion after the first quarter, Dave Novosel, senior investment analyst at Gimme Credit, highlighted that &#8220;lumpiness&#8221; of AI-enabled server sales was a &#8220;major issue.&#8221;
However, he said that &#8220;the torrid AI growth does not appear to be hurting traditional server growth, as traditional server revenue was up double digits in the quarter.&#8221;
According to management, a significant improvement is expected in servers and networking in the second quarter, given the aforementioned non-linear nature of orders.
However, Novosel said, &#8220;We expect growth to subside in the second half of the year, yet the overall gain for fiscal 2026 should be roughly 8%.&#8221;
The analyst also said that &#8220;Unlike HP, Dell has not suffered materially from tariffs and does not expect to over the next few quarters, attributable to the fact that it does not have manufacturing operations in China. The company indicated that the cost environment is deflationary within the PC business.
Talking about the debt issuances by both companies, Novosel said that &#8220;We find the HP spread compelling compared to other technology sector credits trading substantially tighter. We think Dell should trade considerably tighter than HP Inc. based on our near-term outlook for revenue and margins.&#8221;
The analyst maintained his &#8220;underperform&#8221; rating on the stock. 
&#8220;However, the 55 basis point difference seems extravagant. So we prefer HP at these levels and are keeping our underperform recommendation on Dell,&#8221; he added.
See Also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45790628/elon-musk-mike-lee-back-warren-buffetts-5-minute-fix-for-us-deficit-crisis-all-the-sitting-members-of-congress-are-ineligible-for-re-election-if-this-happens">Elon Musk, Mike Lee Back Warren Buffett&#8217;s &#8216;5-Minute&#8217; Fix For US Deficit Crisis: &#8216;All The Sitting Members Of Congress Are Ineligible For Re-Election&#8217; If This Happens</a>
Why It Matters: Looking ahead, Dell anticipates shipping approximately<a href="https://www.benzinga.com/markets/equities/25/05/45688628/dells-ai-server-orders-hit-record-12-1-billion-in-q1-backlog-swells-to-14-4-billion-exceptionally-strong-demand"> $7 billion of that backlog</a> in the second quarter. 
Vice Chairman and COO Jeff Clarke also emphasized the company's focus on actively converting its extensive "five-quarter pipeline" into new orders throughout the second quarter and the latter half of the year.
He projected a strong performance, stating that their "best outlook" suggests they will be in the "$15 billion plus" range for shipped AI server revenue for the full fiscal year.
Dell shares fell 0.76% on Thursday and declined 0.61% in after-hours. The stock was down 4.04% in 2025 and 16.53% over the whole year.
Benzinga Edge Stock Rankings show that Dell had a stronger price trend over the short and medium terms but a weaker trend over the long term. Its momentum ranking was poor, and its value ranking was moderate at the 38.61th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a> 
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="155" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06021129/Dell-EDGE-NEW-1024x155.png" alt="" class="wp-image-940710" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06021129/Dell-EDGE-NEW-1024x155.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06021129/Dell-EDGE-NEW-300x45.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06021129/Dell-EDGE-NEW-768x116.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06021129/Dell-EDGE-NEW.png 1159w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Thursday. The SPY was down 0.48% at $593.05, while the QQQ declined 0.75% to $524.79, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Friday, the futures of the S&amp;P 500, Dow Jones, and Nasdaq 100 indices were trading higher.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45764818/bill-ackman-urges-end-to-fannie-mae-freddie-mac-conservatorship-says-will-enable-them-to-operate-more-successfully-and-efficiently">Bill Ackman Urges End To Fannie Mae, Freddie Mac Conservatorship: Says Will Enable Them To &#8216;Operate More Successfully And Efficiently&#8217;</a></li>
</ul>
Photo courtesy: mrinalpal / Shutterstock.com

Equities

DELL

Dell Rated 'Underperform' As Growth Set to Subside In 'The Second Half:' HP Deemed More Compelling By Analyst

Billionaire hedge fund manager Bill Ackman and rapper Ye are calling for reconciliation between President Donald Trump and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk following their explosive public feud over Trump&#8217;s tax bill.
What Happened: The Trump-Musk alliance crumbled Thursday after Musk criticized the president&#8217;s &#8220;Big Beautiful Bill&#8221; as a <a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025">&#8220;disgusting abomination&#8221;</a> on the social media platform X.
Trump fired back during a White House event, calling Musk&#8217;s opposition &#8220;Trump Derangement Syndrome&#8221; and expressing disappointment in his former ally.
&#8220;I&#8217;m very disappointed because Elon knew the inner workings of this bill better than almost anybody,&#8221; Trump said, specifically citing <a href="https://www.benzinga.com/news/politics/25/06/45800612/trump-says-musk-has-trump-derangement-syndrome-as-battle-over-bill-heats-up-had-a-great-relationship-dont-know-if-we-will-anymore">Musk&#8217;s opposition to EV mandate cuts</a>. &#8220;Elon and I had a great relationship. I don&#8217;t know if we will anymore.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1930667528696828120?ref_src=twsrc%5Etfw">June 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Musk responded by claiming credit for Trump&#8217;s electoral victory, posting: &#8220;Without me, Trump would have lost the election, Dems would control the House, and the Republicans would be 51-49 in the Senate. Such ingratitude.&#8221;
Ackman quickly intervened, posting on X: &#8220;I support @realDonaldTrump and @elonmusk and they should make peace for the benefit of our great country. We are much stronger together than apart.&#8221; Musk replied: &#8220;You&#8217;re not wrong.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I support <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> and <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> and they should make peace for the benefit of our great country. We are much stronger together than apart.
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1930738907081331040?ref_src=twsrc%5Etfw">June 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ye took a more emotional approach, writing: &#8220;Broooos please noooooo. We love you both so much,&#8221; accompanied by a hugging emoji.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Broooos please noooooo &#x1fac2; We love you both so much
&mdash; ye (@kanyewest) <a href="https://twitter.com/kanyewest/status/1930709557879439628?ref_src=twsrc%5Etfw">June 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45807620/anthony-scaramucci-says-trump-as-a-political-asset-has-started-decaying-amid-feud-with-elon-musk-and-teslas-billion-dollar-wipeout-mark-the-day">Anthony Scaramucci Says Trump As A &#8216;Political Asset Has Started Decaying&#8217; Amid Feud With Elon Musk And Tesla&#8217;s Billion Dollar Wipeout: &#8216;Mark The Day&#8217;</a>
Why It Matters: Tesla shares plunged 14.26% on Thursday, marking the stock&#8217;s worst single-day decline and wiping out $152 billion in market capitalization. Musk&#8217;s fortune dropped $33.9 billion to $335 billion, though he remains the world&#8217;s richest person.
Tesla stock has declined 18.8% year-to-date, with Musk&#8217;s political activism creating brand damage and protests at dealerships. The Congressional Budget Office estimates<a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing"> Trump&#8217;s spending package</a> could add $2.3 trillion to $5.7 trillion to federal debt by 2034.
The relationship deteriorated after Musk left his Department of Government Efficiency role last week, having previously been a White House fixture who brought his son to the Oval Office. Bond markets have reacted negatively to fiscal concerns, with economists like Nassim Taleb warning that the budget &#8220;will bankrupt America.&#8221;
Leading economist Peter Schiff praised Musk&#8217;s stance, calling him &#8220;a man of principle&#8221; for opposing Republican spending hypocrisy. The Senate must approve the package before the July 4 recess. Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/45807611/amazon-cuts-jobs-in-kindle-goodreads-divisions-terms-it-a-difficult-decision">Amazon Cuts Jobs In Kindle, Goodreads Divisions, Terms It A &#8216;Difficult Decision&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

Politics

TSLA

Bill Ackman And Ye Call For Trump-Musk Reconciliation After Public Fallout Over Tax Bill

Burning Rock Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNR#NASDAQ">BNR</a>) reported quarterly losses of $(0.20) per share. This is a 87.5 percent increase over losses of $(1.60) per share from the same period last year. The company reported $18.34 million in sales this quarter. This is a 5.41 percent increase over sales of $17.40 million the same period last year.

Earnings

News

Burning Rock Biotech Q1 EPS $(0.20) Up From $(1.60) YoY, Sales $18.34M Up From $17.40M YoY

As U.S. President Donald Trump&nbsp;and&nbsp;Chinese President Xi Jinping&nbsp;break the ice with a phone call after months of silence, analysts weigh in on what&#8217;s in store for the U.S.-China trade.
What Happened: The U.S. and China have been at odds over trade for a considerable period. The call signifies some advancement in establishing ground rules for a potential meeting. Jeremy Chan, Senior China Analyst at the Eurasia Group consultancy, stated that this communication suggests a level of respect from President Trump towards President Xi, <a href="https://www.scmp.com/news/china/diplomacy/article/3313235/china-us-presidents-break-months-long-stand-phone-call?module=top_story&amp;pgtype=homepage">reported</a> The South China Morning Post.
However, analysts have noted that more than optimistic statements are required to resolve the deeply rooted trade differences between the two nations. Chan further noted that Xi typically consents to meetings with foreign leaders only after substantial groundwork has been laid through lower-level diplomatic efforts.
"Xi has bowed to reality, like so many other foreign leaders before him, that there is no substitute for direct negotiations with Trump," stated Chan, who is also a former U.S. diplomat.
On the other hand, ASPI&#8217;s Wendy Cutler highlighted the complexity of the upcoming trade talks and the challenges.
"The likelihood of further misunderstandings, coupled with a fundamental lack of trust, will present enormous challenges for the negotiators as they try to hammer out a deal," cautioned Cutler. 
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires" target="_blank" rel="noreferrer noopener">Elon Musk Loses $34 Billion As Tesla Sheds $153 Billion Amid Feud With Trump—Here&#8217;s How The Billionaire&#8217;s Fortune Has Fared So Far In 2025</a>
Why It Matters: This phone call comes in the wake of escalating trade tensions between the two countries. On Thursday, U.S. stocks<a href="https://www.benzinga.com/news/politics/25/06/45793852/trump-reaches-out-to-xi-as-markets-react-tensions-simmer"> dipped following</a> reports of a phone call between Presidents Donald Trump and Xi Jinping, signaling a possible thaw in China trade tensions. The outreach was said to have come from the U.S. side, as per CNBC, citing Chinese state media.
Earlier in May, President Trump had expressed his willingness to travel to China <a href="https://www.benzinga.com/media/25/05/45481159/donald-trump-offers-to-visit-xi-jinping-in-beijing-calls-us-china-ties-important-after-striking-temporary-trade-truce">to meet </a>with President Xi Jinping, emphasizing the importance of the U.S.-China relationship. 
In early May, the South China Morning Post reported that the U.S. and China are struggling to <a href="https://www.benzinga.com/news/global/25/05/45188171/china-pushes-for-special-envoys-as-direct-deal-with-trump-deemed-risky-plans-fentanyl-concessions-as-negotiating-leverage-report">resume trade talks</a>. China suggested using special envoys, but the U.S. prefers direct talks between Trump and Xi—a move China considers &#8220;risky and uncertain.&#8221;
This latest phone call could be seen as a step towards that potential meeting, and a move towards resolving the trade disputes.
Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Alibaba Group Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) climbed 1.13% and 0.43%, respectively, on Thursday. Meanwhile, JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) declined 0.72%
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/06/45790762/trumps-tariff-plan-could-cut-deficit-by-2-8-trillion-over-a-decade-but-not-without-" target="_blank" rel="noreferrer noopener">Trump&#8217;s Tariff Plan Could Cut Deficit By $2.8 Trillion Over A Decade — But Not Without Consequences, Warns CBO</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

BABA

BIDU

Xi Has 'Bowed To Reality,' Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: 'No Substitute For Direct Negotiations With Trump'

Reported Earlier, McEwen Mining Starts Construction At Fox Complex's Stock Mine With Goal To Reduce Per-Ounce Costs And Raise Output In 2025

This collaboration aims to deliver highly sensitive, cost-effective, and decentralized MRD testing solutions that enable oncologists to monitor cancer recurrence and guide personalized treatment decisions using minimally invasive blood samples.

QGEN

Reported Earlier, Tracer Biotechnologies And QIAGEN Partner To Co-Develop Blood-Based MRD Assays For Solid Tumors On QIAcuity Digital PCR Platform

Reported Earlier, Grupo Aeroportuario del Pacífico Sees 2.6% Increase In May 2025 Passenger Traffic Compared To Prior Year

<ul>
<li>Total gross proceeds of up to $150.0 million before the end of 2026 if all Series B warrants and Series C warrants are exercised for cash</li>
<li>Xilio may elect to cancel unexercised Series B or Series C warrants proportionately to the amount of non-dilutive capital received, under certain circumstances</li>
<li>Financing co-led by new investors Coastlands Capital and Frazier Life Sciences and included participation from Gilead Sciences, Inc., Logos Capital, Samsara BioCapital and other new and existing investors</li>
</ul>

Reported Earlier, Xilio Therapeutics Closes $50M Public Offering, With Potential To Raise Up To $150M Through Warrant Exercises By 2026

FIBK

Reported Earlier, First Interstate BancSystem Announces $125M Public Offering Of Subordinated Notes With 7.625% Fixed Rate Through 2030

CYBR

Reported Earlier, CyberArk Software Announces Pricing of $1.1B 0.00% Convertible Notes Due 2030, Upsized From Initial $750M Offering

Reported Earlier, WEC Energy Group Upsizes Convertible Notes Offering To $775M, Pricing 3.375% Senior Notes Due 2028

The war of words between President Donald Trump and his former advisor, Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Elon Musk, reached new heights when the latter publicly backed a call to impeach the President and replace him with Vice President JD Vance.
What Happened: Amid the <a href="https://www.benzinga.com/news/politics/25/06/45800612/trump-says-musk-has-trump-derangement-syndrome-as-battle-over-bill-heats-up-had-a-great-relationship-dont-know-if-we-will-anymore">ongoing feud</a> between two of the world's most powerful individuals, right-wing commentator Ian Miles Cheong posted: "President vs Elon. Who wins? My money's on Elon. Trump should be impeached and JD Vance should replace him."
Musk replied with a "Yes" around 20 minutes later. Cheong's post was accompanied by a screenshot of a post Musk made earlier, alleging that Trump's name appears in the Epstein files.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President vs Elon. Who wins? My money&#39;s on Elon. Trump should be impeached and JD Vance should replace him. <a href="https://t.co/r0D4Gkiz4v">pic.twitter.com/r0D4Gkiz4v</a>
&mdash; Ian Miles Cheong (@stillgray) <a href="https://twitter.com/stillgray/status/1930713852175331335?ref_src=twsrc%5Etfw">June 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: <a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025">The fallout</a> between the two men was triggered by Musk's <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">sharp criticism of Trump's "big, beautiful bill"</a>. The conflict escalated after Trump said he was "very surprised" and "very disappointed" in Musk's comments. Musk pushed back, claiming he had helped Trump win in 2024 and accused him of "ingratitude."
The <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45805173/musk-vs-trump-tesla-suffers-record-152b-one-day-crash-as-ceo-warns-tariffs-will-cause-a-recession">trading of insults continued</a>, with Musk posting: &#8220;Congress is spending America into bankruptcy!&#8221; and Trump stating, &#8220;I don&#8217;t mind Elon turning against me, but he should have done so months ago. This is one of the Greatest Bills ever presented to Congress.&#8221;
Trump and Musk also sparred over Musk's EV mandate, with the former alleging that the removal of the mandate had caused Musk to go "CRAZY."
Press secretary Karoline Leavitt reacted to the situation, saying: "This is an unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted."
Tesla lost a staggering $152 billion in market value on Thursday, marking a record single-day decline. Despite the drop, the electric vehicle maker still carries a consensus price target of $299.60, based on assessments from 26 analysts.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1024" height="378" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020135/image-79.png" alt="" class="wp-image-940697" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020135/image-79.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020135/image-79-300x111.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020135/image-79-768x284.png 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Price Action: Tesla shares have dropped 24.50% so far this year. However, in Thursday's after-hours trading, the stock edged up 0.77% to close at $286.90, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="442" height="270" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020148/image-80.png" alt="" class="wp-image-940698" style="width:436px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020148/image-80.png 442w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020148/image-80-300x183.png 300w" sizes="(max-width: 442px) 100vw, 442px" /></a></figure>
Benzinga&#8217;s Edge Stock Rankings point to Tesla's solid price momentum across short, medium, and long-term trends. More detailed performance insights can be <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">found here</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025">Elon Musk Loses $34 Billion As Tesla Sheds $153 Billion Amid Feud With Trump—Here&#8217;s How The Billionaire&#8217;s Fortune Has Fared So Far In 2025</a></li>
</ul>
Photo courtesy: Shutterstock

Elon Musk Says 'Yes' To Impeaching Trump, Replacing Him With JD Vance Amid Fierce Back-And-Forth Over 'Big, Beautiful Bill'

Reported Earlier, CN To Issue C$500M In 3.500% Notes Due 2030 And C$500M In 4.200% Notes Due 2035, Closing Expected June 10, 2025

President&nbsp;Donald Trump&nbsp;has hinted at a possible reconciliation with&nbsp;Elon Musk&nbsp;following a public spat. The White House is reportedly working to de-escalate the situation.
What Happened: Trump, in an interview with&nbsp;<a href="https://www.politico.com/news/2025/06/05/trump-white-house-aides-signal-a-possible-detente-with-musk-00391502">Politico</a>&nbsp;on Thursday, appeared nonchalant about his recent social media clashes with Musk. The President&#8217;s aides have been urging him to tone down&nbsp;his public criticism of Musk&nbsp;to prevent further escalation. They have even scheduled a call with Musk to potentially resolve the conflict.
Despite the apparent tension, Trump seemed unfazed, stating, "Oh it's okay."
&#8220;It&#8217;s going very well, never done better.&#8221; He also mentioned his high favorability ratings, indicating a possible shift in his stance towards Musk.
The White House did not immediately respond to <a href="http://pro.benzinga.com">Benzinga&#8217;s</a> request for comment. 
The feud between the two influential figures centered around Trump&#8217;s &#8220;big beautiful bill,&#8221; a legislative proposal encompassing his presidential agenda. The exchanges became increasingly acrimonious, prompting aides and allies to intervene and Musk to show a willingness to mend fences.
Earlier on Thursday, Trump, at the behest of his aides, moderated his comments on social media, focusing on the bill&#8217;s passage through the Senate rather than the conflict with Musk. This change in tone was evident in one of Trump&#8217;s Truth Social posts.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="602" height="300" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020016/image-78.png" alt="" class="wp-image-940694" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020016/image-78.png 602w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06020016/image-78-300x150.png 300w" sizes="(max-width: 602px) 100vw, 602px" /></figure>
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/06/45800902/the-white-house-pushes-back-with-a-mythbuster-article-saying-people-wont-literally-die-from-their-tax-bill" target="_blank" rel="noreferrer noopener">The White House Pushes Back With A &#8216;Mythbuster&#8217; Article Saying People Won&#8217;t &#8216;Literally Die&#8217; From Their Tax Bill</a>
Why It Matters: This feud has strained the <a href="https://www.benzinga.com/news/politics/25/06/45800612/trump-says-musk-has-trump-derangement-syndrome-as-battle-over-bill-heats-up-had-a-great-relationship-dont-know-if-we-will-anymore">once close</a> relationship between Trump and Musk, who was instrumental in the Department of Government Efficiency during the early days of Trump&#8217;s administration.
The public spat between Trump and Musk has had significant repercussions. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares plummeted by 14.26%, <a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025">erasing $152 billion </a>in market capitalization, marking its largest single-day decline. This feud has not only affected Tesla&#8217;s stock but also Musk&#8217;s personal fortune.
 The potential truce could help mend their relationship and possibly stabilize Tesla&#8217;s stock.
Tesla stock plunged 14.26% on a single day and closed at $284.70 on Thursday. It recovered 0.77% during the after-hours trading, as per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/tech/25/06/45784639/jeff-bezos-let-customers-cancel-their-own-amazon-orders-and-it-paid-off-big-if-you-give-people-more-" target="_blank" rel="noreferrer noopener">Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: &#8216;If You Give People More Control&#8230;Maybe They&#8217;ll Order More&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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