Trump says he wants Elon Musk to 'THRIVE'
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President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Vine Coin (VINE), the native cryptocurrency of the now-dormant Vine video app, logged a significant rally in the last few hours. The surge in the token's price was triggered after Tesla CEO Elon Musk indicated his plans to resurrect the app after it went into hibernation in 2017.
Musk said his automaker “probably could have a few rough quarters” ahead as federal electric vehicle credits expire soon.
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Twitter introduced Vine in January 2013, allowing users to share small snippets of video that were six seconds or less.
"It's just a Model Y. Let the cat out of the bag there," Musk said when asked about Tesla's budget-friendly EV in an earnings call.
Tesla points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.
The olive branch comes amid reports that Trump’s name appears in the Epstein files—something Musk previously alluded to.