Tesla stock rose early Thursday following the company’s second-quarter delivery report. The reaction to deliveries demonstrates that car sales still matter to the company, despite CEO Elon Musk’s increased focus on robo-taxis.

Tesla stock dropped 6% early on Tuesday as traders digested a new Truth Social post from Trump, which highlighted how much assistance Musk has gotten from the US government. The president also suggested having DOGE look into cancelling contracts with Musk's business empire.

U.S. President Donald Trump on Tuesday suggested the government efficiency department should review the subsidies to Tesla CEO Elon Musk's companies to save money, reigniting a war of words between the world's most powerful person and its richest.