Tesla stock plunges as Trump and Musk turn to blows
Tesla shares plunged 14% on Thursday, wiping out approximately US$150bn in market value, as a simmering feud between chief executive Elon Musk and President Trump escalated dramatically. Shares in Frankfurt subsequently rose 5.6% on Friday after Politico reported White House aides had scheduled a call with Musk to broker peace.
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Originally posted on: https://www.automotiveworld.com/news/tesla-stock-plunges-as-trump-and-musk-turn-to-blows/