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.
58 Articles
58 Articles
Musk favorability takes nosedive amid Trump feud: DDHQ
Elon Musk’s favorability took another drop this past week amid his renewed feud with President Trump and move to launch a separate political party. In the last week, Musk’s net favorability in the aggregate kept by Decision Desk HQ dropped 3.4 points, falling just over 20 points in the negative. The percentage that view the onetime Trump ally unfavorably reached its highest point of the president's second term at 55.8 percent, while the percentag
A reignited Trump-Musk feud burns Tesla investors as shares of EV company tumble 7%
Shares of Tesla tumbled 7% Monday as the feud between CEO Elon Musk and Trump reignited over the weekend. Musk, once a top donor and ally of Trump, announced that he was forming a third political party in protest over the Republican spending bill that passed late last week. Musk…


A reignited Trump-Musk feud burns Tesla investors
Shares of Tesla tumbled Monday as the feud between CEO Elon Musk and Trump reignited over the weekend.
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