Shark Tank star and businessman Kevin O’Leary said Tesla shareholders are “used to the chaos” as the company’s stock price dropped as much as 17% on Thursday amid Elon Musk‘s feud with President Donald Trump.
“If you own Tesla stock like I do, you’re already used to the chaos. This company doesn’t just move with earnings — it moves with Elon’s tweets,” O’Leary posted to X. “One post and the stock can swing 10%. But here’s the deal… Volatility doesn’t scare me — it’s part of the price you pay for growth.”
O’Leary’s comments came with a video of him on NewsNation breaking down the feud and expounding on what he believes sets Tesla’s stock price.
If you own Tesla stock like I do, you’re already used to the chaos. This company doesn’t just move with earnings — it moves with Elon’s tweets. One post and the stock can swing 10%. But here’s the deal… Volatility doesn’t scare me — it’s part of the price you pay for growth.… pic.twitter.com/EzX3shjqL9
— Kevin O’Leary aka Mr. Wonderful (@kevinolearytv) June 6, 2025
“If you believe in EV, if you believe in robotics, if you believe in all of the technology this company has in autonomous driving, you stay along the stock,” he said.
Brands recover, and Tesla is no exception, the Shark Tank star argued.
“Remember Tylenol? Remember that story? Everybody said they’ll never be another bottle of Tylenol on shelves. It’s ten times bigger than that catastrophe,” he said in reference to the deaths of seven people in 1982 after some bottles of the pain medicine sold in Chicago were contaminated with Cyanide. This led to the invention of the tamper-proof seal that is now common on medicine bottles.
“Elon’s a unique individual. He’s a bombastic person. You’ve seen this already today in this exchange with Trump. Those are two giant egos, and everybody understands what’s going on there.”
Along with Tesla’s stock price, O’Leary believes that Musk’s relationship with the president will also come back, he said.
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“I don’t care in a tweeting war. It’s kind of irrelevant, but if you ask me, ‘Will these two men meet again and be friends?’ I would say yes,” O’Leary said.
“It’s like a marriage. They had a little tiff. They had a bad date, and now they’re gonna call each other and say, ‘Sorry about that, honey. Let’s work it out.’”