Tesla Shares Bounce Back as Musk-Trump Rift Eases

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Published Jun 8, 2025

Tesla shares rise after Elon Musk suggested he was open to making amends with President Trump, easing tensions after their simmering feud erupted into a public spat. Charles Lemonides of Valueworks says Tesla is a surrogate of a cult of personality. Meanwhile, US jobs data allayed concerns of an imminent economic slowdown. We walk to US Labor Secretary Lori Chavez-DeRemer and BlackRock's Rick Rieder. Plus, Jennifer Hyman, the head of Rent the Runway joins Bloomberg Open Interest to talk about the company's revamp.

Chapters:
00:00:00 - Open Interest Begins
00:01:49 - US Adds 139,000 Jobs in May
00:05:34 - Equities Touch Premarket High
00:21:28 - Morning Movers
00:28:22 - US Labor Secretary on Labor Force largest drops since 2023
00:38:36 - Top Calls
00:39:33 - Rent The Runway CEO on The Subscriber base grows
00:42:08 - Rent the Runway’s Comeback Plan
01:14:04 - Infiniti Unveils Full-Size Luxury SUV QX80
01:21:10 - Business of Big Law
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