Tesla Stock Tanks After Musk and Trump's Explosive Public Feud

Tesla Stock Plummets After Musk-Trump Feud: A 9% Drop Shakes Investors On Thursday, June 5th, 2025, Tesla's stock experienced a dramatic 9% fall. This significant drop followed a very public dispute between Tesla CEO Elon Musk and US President Donald Trump. The conflict stemmed from Musk's criticism of Trump's proposed tax bill, which eliminated crucial electric vehicle (EV) subsidies. This news sent shockwaves through the financial markets. Musk's criticism was sharp. He stated on X, "Whatever. Keep the EV/solar incentive cuts in the bill, but ditch the MOUNTAIN of DISGUSTING pork in the bill!" This public display of dissent fueled investor uncertainty, leading to the significant sell-off. Trump responded to Musk's criticism, expressing disappointment. He noted that Musk had previously been supportive and seemed to only have objections after the EV mandate cuts were announced. Trump's response further intensified the situation. The incident highlights the close relationship between political decisions and market fluctuations. The swift reaction of investors to Musk's comments underscores the sensitivity of the EV market to government policy changes. The situation remains fluid, and analysts are closely monitoring the impact of this feud on Tesla's long-term prospects.