Tesla stock plunges as Musk’s feud with Trump over GOP tax bill spooks investors
By BERNARD CONDON, Associated Press
Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors feared his dispute with President Donald Trump will hurt the company.
Tesla closed down more than 14% as a disagreement over the U.S. president’s budget bill turned nasty. After Musk said that Trump wouldn’t haven’t gotten elected without his help, Trump implied that he may turn the federal government against his companies, including Tesla and SpaceX.
“The easiest way to save money in our Budget...