Anybody surprised? Elon Musk steps down from Trump advisory councils over Paris climate decision https://www.theverge.com/2017/6/1/15726292/elon-musk-trump-advisory-council-paris-climate-decision
I will echo the 1st comment's sentiment: "I sure hope Musk got some sweet handshake deals on federal subsidies, because absolutely everyone was skeptical about his ability to influence Trump on Paris." I'm a bit of a cynic, especially over Musk. I don't buy the altruistic motives he spouts and felt him getting close to the white house was smart, but not for the reasons most people want to believe. Him stepping down sells well to his base and seems like any reason for him to remain ($$ for alternatives) is gone.
Musk is about 100 times smarter than Trump. And...... Trump is smart enough to know that. Nothings going to change. There's respect there.
In the last 2 days the market rallied and TSLA was slightly negative. The price is either exhausted or the Musk's leaving the council has a negative effect on the stock...
Or its consolidating for the next week's $35 jump like it has for the last two months. Gotta love Elon.
Toyota sells all shares in Tesla as their tie-up ends http://www.reuters.com/article/us-toyota-tesla-idUSKBN18U05E?il=0
Toyota is more interested in self-dependent producing of cars on fuel cells, rather than of electric cars.
Or they don't want any ties to a company that's going to produce 300K/year with only one month of road tests.