Tesla Inc.’s stock was on the verge of a technical breakthrough last week, with investors brimming with hope that a return of Chief Executive Elon Musk to headquarters and promises that he’d stay for years to come would benefit the shares.

President Donald Trump dismissed the idea of reconciling with Elon Musk in the near future on Friday morning, telling ABC News in a phone interview that he’s “not particularly” interested in speaking with the Tesla CEO.

The feud between Trump and Musk has led to a $150 billion drop in Tesla's market capitalisation, with shares falling 14%. This year, Tesla has faced significant losses amid decreasing demand and political distractions,