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Tesla shares sink as Musk and Trump ridicule each other

Upworthy Thursday, 5 June 2025 ()
Tesla's shares have fallen 16% since CEO Elon Musk began bashing President Donald Trump's spending bill on May 27, and the stock remains about 33% lower since Inauguration Day.
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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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