Tesla stock price crash wipes out $150 billion! Investors dump Elon Musk’s company as clash with Donald Trump escalates; fear US President won’t be a ‘nice guy’
Investor confidence appears shaken, resulting in substantial paper losses for Musk’s personal Tesla shareholding, dropping $20 billion in a single day. (AI image)
Tesla share price crash: Elon Musk and Donald Trump’s escalating spat has wiped out a whopping $150 billion from Tesla’s market cap. Tesla’s share price crashed over 14% as shareholders hastily sold their positions during an escalating verbal dispute between the US President Donald Trump and the Tesla CEO Elon Musk, who is currently the wealthiest individual globally. The day’s trading concluded with Tesla’s market value reduced by $150 billion, an amount that exceeds the total market capitalisation of Starbucks and several other major US-listed corporations!Following…
