US NewsThe White House scheduled Trump and Musk's call on Friday after a dispute

The White House scheduled Trump and Musk's call on Friday after a dispute

Reuters reports, that according to Politico, White House aids scheduled a call between President Donald Trump and Elon Musk, after the Thursday's feud between them. As a result, Musk claimed that President Trump should be impeached.

YICHANG, CHINA - JUNE 06: In this photo illustration, a Tesla logo (L) and its stock price are displayed on mobile phone screens on June 6, 2025 in Yichang, Hubei Province of China. Tesla shares plunged on Thursday as an increasingly bitter spat between CEO Elon Musk and President Trump erupted in public, with Mr. Trump suggesting the federal government could strip Musk's companies of their federal contracts. (Photo illustration by Liu Junfeng/VCG via Getty Images)

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"The reported call could ease the feuding after an extraordinary day of hostilities - largely conducted over social media - that marked a stark end to a close alliance," argues Reuters. President Donald Trump, asked by Politico about the ongoing situation, remained calm. "Oh, it’s okay. It’s going very well, never done better," he stated, further recalling the favorability rankings, noting "the numbers are through the roof, the highest polls I’ve ever had, and I have to go."

As The Guardian suggest, Elon Musk is extending an olive branch toward the President. Billionaire Bill Ackman urged Musk and Trump to "make peace for the benefit of our great country," adding, "We are much stronger together than apart." The world's richest man answered to this message, "You’re not wrong."

Moreover, during his outburst, Musk decided to retire his Dragon spacecraft. "In light of the President’s statement about cancelation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately," he wrote. However, after one of the users urged Musk and Trump to "cool off and take a step back for a couple days," the billionaire accepted the comment. and withdrew from the previous idea, stating "Good advice. Ok, we won’t decommission Dragon."

Price for the fallout

Shares in Tesla fell down over 14% on Thursday, resulting in losing $150 billion in market value. It marked the biggest single-day decline in market value in history. "The fallout for Tesla stock is self-evident. I see no meaningful fallout from this for the rest of the market, other than its slight effect on the indexes and index funds. The overall stock market has plenty of problems, but Tesla isn't one of them," said Mark Spiegel, portfolio manager at Stanphyl Capital.