Reported about 15 hours ago
Tesla's stock fell nearly 5% as tensions reignited between CEO Elon Musk and President Trump, who threatened to eliminate subsidies critical to Musk's companies, including Tesla and SpaceX. This warning followed Musk’s criticism of a large tax and spending bill that could prematurely end electric vehicle tax credits, potentially costing Tesla $1.2 billion annually. Analysts suggest that the ongoing feud is unsettling investors, especially as Tesla’s sales have seen a decline for six consecutive months.
Source: YAHOO