Tesla Stock Tanks 14 Percent as Trump-Musk Feud Intensifies
‘This feud does not change our bullish view of Tesla,’ one market analyst says.
Automotive company Tesla at a booth during the AI+Expo Special Competitive Studies Project in Washington on June 2, 2025. Madalina Vasiliu/The Epoch Times
Shares of Tesla Motors plummeted on June 5 as the feud between Elon Musk and President Donald Trump intensified.
The electric vehicle maker’s stock fell 14.26 percent, or $47.35, to $284.70. Shares added to their losses in after-hours trading, sliding more than 2 percent.
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."