Reported 1 day ago
Tesla's stock plummeted 14% after a public fallout between CEO Elon Musk and President Trump, with Trump threatening to cut government contracts and subsidies crucial to Musk's businesses. Tensions escalated as Musk criticized Trump's tax bill, resulting in a significant decline in Tesla's market capitalization. The conflict marks a sharp turn in the relationship that benefited Musk's business interests during Trump's administration.
Source: YAHOO