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Tesla shares plummet as Trump-Musk feud over budget bill escalates

Upworthy Thursday, 5 June 2025 ()
Cracks in the relationship between President Donald Trump and Tesla CEO Elon Musk, his self-proclaimed “first buddy,” are scaring Tesla shareholders as the two fired salvos at each other in increasingly heated rhetoric on Thursday. Shares fell more than 8% on Thursday on a day otherwise devoid of…
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Video Credit: Oneindia - Published
News video: Musk–Trump Feud Wipes $150 Billion Off Elon’s Net Worth in Hours | Tesla’s Bloodbath Continues

Musk–Trump Feud Wipes $150 Billion Off Elon’s Net Worth in Hours | Tesla’s Bloodbath Continues 03:16

 Tesla shares plunged 14% Thursday, erasing $150 billion in market value, as Elon Musk’s feud with Donald Trump escalated publicly. Investors fear the fallout could jeopardize Tesla’s regulatory future, particularly its self-driving and robotaxi ambitions. Musk accused Trump of ties to the...

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