See every side of every news story
Published loading...Updated

A Reignited Trump-Musk Feud Burns Tesla Investors, Shares of EV Company Tumble 8%

UNITED STATES, JUL 7 – Elon Musk’s political clash with Donald Trump follows Musk’s formation of a third party and Trump’s threats, driving Tesla shares down 8% amid investor concerns, analysts say.

  • Tesla shares dropped 8% at Monday’s opening as Musk’s feud with Trump reignited over the weekend.
  • Musk announced forming a third political party in protest of a Republican spending bill passed last week, reigniting tensions with Trump.
  • Amid the feud, Trump criticized Musk's political moves, and Azoria Partners delayed launching a Tesla-linked ETF, reflecting escalating investor concerns.
  • Tesla shares dropped $26 to $289.75 since Thursday, amid investor fears of further federal subsidy cuts due to Musk-Trump tensions.
  • Analyst Dan Ives warned that ongoing clashes with Trump could create new regulatory hurdles for Musk's companies before the 2026 midterm elections.
Insights by Ground AI
Does this summary seem wrong?

58 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 45% of the sources lean Left, 45% of the sources are Center
45% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Telegraph broke the news in London, United Kingdom on Monday, July 7, 2025.
Sources are mostly out of (0)