Tesla Stock Plummets 14% Following Elon Musk and Trump Public Feud: Market Reacts
Tesla's stock plunged 14%, wiping out $150 billion in market value amid a public feud between CEO Elon Musk and former President Donald Trump over a government spending bill affecting EV tax credits. The dispute has heightened investor concerns about Tesla's future subsidies, contracts, and sales outlook, contributing to significant market volatility.