Reported 1 day ago
Tesla's stock fell significantly following a public dispute between CEO Elon Musk and President Trump. Trump expressed disappointment in Musk's harsh criticism of a new tax bill that would affect electric vehicle mandates, stating Musk's awareness of the bill's details. Musk, previously an ally of Trump, reacted on social media with indifference as Tesla shares slid nearly 8%. The fallout has raised concerns over the implications for Tesla's business amidst a more strained relationship with the previous administration.
Source: YAHOO