Tesla shares fall 14% wiping off $150 billion in market value amid Musk-Trump feud
Tesla plummeted around 14% on Thursday, wiping off over $150 billion in market capitalisation amid the escalating feud between billionaire Elon Musk and US President Trump. According to Forbes' estimates, the world's richest man's net worth also fell by $25.5 billion to $389 billion amid the selloff. "Elon's politics continue to harm the stock," a Tesla shareholder said.