Tesla stock rose 4.5% in premarket trading after a 14% drop on Thursday amid a public spat between CEO Elon Musk and President Donald Trump.
The feud started when Musk criticized a bill for excessive spending, which led to escalating tensions throughout the week.
Analysts believe that reconciliation between Musk and Trump is crucial for Tesla's performance as the company's stock closed below the $1 trillion market cap threshold.
Wedbush Securities analysts expressed optimism that cooler heads would prevail, emphasizing the importance of a positive relationship between Musk and Trump for Tesla's success.