Tesla stock fell almost 15% this past week. That left Tesla shares up 24% since late April when management said Tesla’s robotaxi launch was on track for June.

Investors are cheering signs of a potential truce in the acrimonious feud between President Trump and Elon Musk, and a monthly jobs report which topped estimates.

Marko Kolanovic predicts a stock market pullback could be in the cards.Kolanovic thinks Tesla's decline on the Trump-Musk feud could be among the catalysts that spark a decline. Other problems he sees for the market include high valuations and economic uncertainty.