<ul data-eligibleForWebStory="true"><li>Tesla shares rose 5.7% after CEO Elon Musk apologized for his remarks about President Trump, admitting he went 'too far.'</li><li>Musk regretted some of his posts last week, including an allegation about Trump being in the Epstein files, which Musk later deleted.</li><li>Trump threatened to terminate Elon's governmental subsidies and contracts in response to the feud.</li><li>The feud began after Musk stepped down from his role as a 'special government employee' overseeing a cost-cutting exercise.</li><li>Musk publicly criticized Trump's tax and spending bill, calling it a 'disgusting abomination' as the feud escalated.</li><li>Musk claimed credit for Trump's election victory and had contributed over $250 million to support Trump's campaign.</li><li>The public feud led to a 14.2% drop in Tesla's share price last Thursday, totaling a loss of $152 billion.</li><li>Following Musk's apology, Tesla's share price rebounded by 5.6% to $326.09 in trading on Tuesday.</li><li>Trump stated on Sunday that he has no interest in repairing the relationship with Musk and warned of 'serious consequences' if Musk assists Democrats in future elections.</li></ul>

Elon Musk Backs Down After Explosive Feud With Donald Trump

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