The price of Tesla’s shares, which plummeted 14% on Thursday amid the clash, is up around 4.4% in premarket trading on Friday morning, after Musk signaled he is open to a truce with Trump.

Tesla has unveiled the refreshed Model Y for the U.S. market, with the first "Launch Series" trim set to arrive in March. Become an AutoGuide insider. Get the latest from the automotive world ...