'Biggest hit ever': Staggering amount Tesla lost during day of fighting revealed
CNBC is reporting that amid the feud between President Donald Trump and Tesla CEO Elon Musk, the electric vehicle company lost its largest market cap of all time.
Raw Story reported after the close of the stock market on Thursday, Tesla stock rallied a little after falling 17.5% to close at over 14%. That translates into a significant financial loss for the company.
"The move dropped the EV maker $152 billion in value, putting it below the $1 trillion benchmark and settling Thursday at $916 billion," said the report.