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Tesla CDR (CAD Hedged)
Symbol TSLA
Shares Issued 22,800,000
Close 2025-06-06 C$ 26.45
Market Cap C$ 603,060,000
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Globe/wire say Tesla's Musk, Trump turn down heat a bit

2025-06-09 06:05 ET - In the News

The Globe and Mail reports in its Saturday edition that U.S. President Donald Trump said on Friday he has no plans to speak with Elon Musk, signalling the President and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. A Reuters dispatch to The Globe says that addressing reporters aboard Air Force One, Mr. Trump said he was not "thinking about" the Tesla chief executive officer. "I hope he does well with Tesla," Mr. Trump said. However, Mr. Trump said a review of Mr. Musk's extensive contracts with the federal government was in order. "We'll take a look at everything," the President said. "It's a lot of money." Mr. Trump may get rid of the red Tesla Model S he bought in March after pitching Mr. Musk's electric cars on the White House lawn. Mr. Musk, for his part, did not directly address Mr. Trump but kept up his criticism of the massive Republican tax and spending bill that contains much of Mr. Trump's domestic agenda. On his social-media platform X, Mr. Musk amplified remarks made by others that Mr. Trump's "big beautiful bill" would hurt Republicans politically and add to the nation's $36.2-trillion (U.S.) debt. The apparent rapprochement helped Tesla shares on Friday.

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