Tesla Shares Drop Amid Escalating Musk-Trump Political Clash
TL;DR Summary
Tesla stock dropped 6% in premarket trading after President Trump suggested that a government department should review subsidies given to Elon Musk's companies, reigniting their public feud. The dispute has caused significant volatility in Tesla's stock, with past conflicts leading to sharp declines. Analysts believe the situation may eventually settle, but it remains a concern for investors due to the ongoing tension between Musk and Trump.
- Tesla Stock Falls as Trump-Musk Feud Escalates. Where It Goes Next. Barron's
- Elon Musk just made his starkest political threat since the election CNN
- Trump threatens to set Doge on Musk as pair feud again over budget plan BBC
- Trump suggests slashing Tesla subsidies, Musk says 'cut it all' Reuters
- Musk-Trump battle erupts anew over GOP spending bill The Washington Post
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 2 min read
Condensed
83%
399 → 66 words
Want the full story? Read the original article
Read on Barron's