Trump-Musk Row Slams Tesla Shares, $150 Billion in Market Value Wiped Out

Jun 6, 2025 - 10:00
Trump-Musk Row Slams Tesla Shares, $150 Billion in Market Value Wiped Out
Tesla shares went into free-fall on Thursday as President Donald Trump publicly feuded with Elon Musk. Traders dumped Tesla in heavy trading after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill. Trump fired back further, alleging Musk was upset because the bill takes away tax benefits for electric vehicle purchases.