Tesla Stock Plunges 5% as Trump-Musk Feud Escalates. Where It Goes Next
"Tesla investors ought to be at least a little concerned that things may get worse. The shares plunged 14% on June 5 when the Musk and Trump relationship spectacularly fell apart in an escalating war of words on social media.It took more than two weeks, and a de-escalation, for the shares to return to their pre-feud levels. At the time Trump also questioned the government subsidies received by Musk's companies.Wedbush analyst Dan Ives said their relationship had turned into a "soap opera that re