On June 11, Eastern Time, Tesla CEO Elon Musk publicly stated on social media platform X that some of his remarks about President Trump made last week “went too far,” and he regretted them.
“I regret some of the posts I made last week about President @Trump. They went too far,” Musk said.
Musk did not specify which posts he regretted. Since his public clash with Trump on June 5, Musk has deleted a significant portion of the tweets from that period and has repeatedly signaled a desire for reconciliation.
This apology represents the largest concession Musk has made since the public feud between the two began on June 5.
After Musk’s tweet, Tesla’s stock price saw a noticeable increase, continuing the upward momentum of recent days. As of the time of this report, Tesla’s stock price on the Frankfurt Stock Exchange had risen by 2.63%.
Due to the dispute between Musk and Trump, Tesla’s market value had dropped by as much as 14% in a single day, but over the past three trading days, its stock has rebounded. On June 10, Tesla rose by 5.7%, closing at $326.09. CNBC suggests that this market reaction could be a response to Musk’s initial gesture of reconciliation.
Later that day, U.S. President Donald Trump responded to Musk’s apology, saying, “I think he did the right thing.”