Caught in Trump-Musk crossfire: Tesla stock sinks amid feud

Tesla’s shares plummeted following a public feud between Elon Musk and Donald Trump, triggered by Musk’s criticism of Trump’s tax bill. This clash exacerbated existing challenges, making Tesla the worst-performing large-cap stock this year. Despite a slight rebound, the fallout raises concerns about Tesla’s future amid political and regulatory uncertainty, impacting investor confidence. Tesla’s shares plummeted following a public feud between Elon Musk and Donald Trump, triggered by Musk’s criticism of Trump’s tax bill. This clash exacerbated existing challenges, making Tesla the worst-performing large-cap stock this year. Despite a slight rebound, the fallout raises concerns about Tesla’s future amid political and regulatory uncertainty, impacting investor confidence.
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