Musk's net worth on Thursday plunged $34 billion, putting his valuation at $335 billion, according to the Bloomberg Billionaires Index. In addition to Tesla, Musk owns The Boring Company, Neuralink, SpaceX, X (formerly known as Twitter) and xAI.

Tesla stock extended declines from earlier in the week as Trump and Musk traded words over the GOP budget bill, which Musk has described as an "abomination."

Musk has called to “kill” Trump’s policy bill, criticizing the legislation as “massive, outrageous” and “pork-filled.”

Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors fear his dispute with President Donald Trump could end up hurting the company.

Ross Gerber said Musk's beef with Trump is a "disaster," and used the episode as an opportunity to sell more shares.

A breakdown in relations between President Trump and Elon Musk slammed Tesla stock Thursday, along with assets associated with the U.S. leader. Tesla shares regained some ground early Friday. Shares of Musk’s electric-vehicle maker rose around 4% in morning trading.

Tesla stock has struggled since CEO Elon Musk's political activities. Now he's jousting with the president of the United States.

Traders dumped Tesla after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill.

The intensifying feud between Elon Musk and President Donald Trump sent Tesla's stock plunging as investors worried about a tougher regulatory environment for the company.

Tesla’s stock is driven by sentiment, which has soured greatly. Plus, Musk has now alienated Republicans and Democrats alike.

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