Musk Renews Attacks on Trump Budget Bill so Trump Threatens Musk's Vast Government Contracts

Trump ally and mega investor launches PAC to go against Musk’s political ambitions

James Fishback, a former Department of Government Efficiency adviser, launched the FSD PAC Tuesday in response to Musk’s ‘antics’

Tesla stock price sinks as Musk and Trump feud over spending bill

Tesla shares have taken a hit as the world's richest person and President Trump continue to exchange jabs over the spending bill.

US Stocks Fall From Records As Tesla Sinks On Musk-Trump Row

Wall Street stocks retreated from records early Tuesday while Tesla sank as President Donald Trump's sweeping tax cut bill faced hurdles in Congress and renewed criticism from Elon Musk.

Trump–Musk feud impact: Tesla shares slump nearly 6% as political fallout deepens, subsidy threats spook investors

Tesla shares plummeted following a renewed feud between Elon Musk and Donald Trump, sparking fears of political retaliation and impacting investor confidence. Trump threatened to cut subsidies and contracts for Musk's companies, while Musk hinted at forming a new political party. Simultaneously, Tesla faces declining market share in China due to increased competition, further pressuring the stock.

Musk renews attacks on Trump budget bill so Trump threatens Musk's vast government contracts