Tesla's Market Value Plummets Amid Musk-Trump Tensions
TL;DR Summary
Tesla's stock dropped over 14% after escalating tensions between Elon Musk and President Trump, driven by Musk's criticism of a Republican policy bill and Trump's threats to cut federal contracts and subsidies, resulting in a $150 billion loss in market value.
- Tesla Shares Slide as Trump-Elon Musk Feud Escalates The New York Times
- Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever CNBC
- From bromance to breakup: How Elon Musk and Donald Trump blew up NPR
- The real reasons Musk is feuding with Trump vox.com
- Emboldened and out of government, Elon Musk emerges as a problem for the Trump White House NBC News
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