The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks.

Ross Gerber said Musk's beef with Trump is a "disaster," and used the episode as an opportunity to sell more shares.

By Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK (Reuters) -U.S. stocks closed higher on Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced,

After a big sell-off yesterday, Tesla (NASDAQ: TSLA) stock is seeing rebound momentum in Friday's trading. The company's share price was up 5.6% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 1.

It's been quite a turbulent week for shares of Tesla (NASDAQ:TSLA), with the feud between Elon Musk and Donald Trump starting to spiral out of control. Indeed, things have gotten nasty in a hurry, with Trump threatening to terminate some government contracts with Musk's companies.