By Akash Sriram (Reuters) -Tesla shares recouped some losses that had been triggered by a spat between CEO Elon Musk and U.S. President Donald Trump, even though a truce appeared uncertain on Friday as a White House official said the president was not keen on talking to his former ally.

SpaceX relies on tens of billions in federal contracts and EV credits have been a boon to the electric vehicle sector

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.