The Latest Breaking News from Tesla Inc.

Trump’s signature ‘Big Beautiful Bill’ precipitated an epic fallout between the US president and his former ally, billionaire Elon Musk

ANALYSIS: If the President follows through on his threats, the price tag could be enormous. Yet financial loss is far from the worst damage that Trump can cause his erstwhile ‘first buddy’, Io Dodds writes.

ANALYSIS : Never in history has the world seen behind the curtain at a feud between two such powerful men, only for them to be revealed as petty schoolchildren, writes Richard Hall.

After Trump finally responded to Musk's social media provocations, Tesla's stock plummeted

The recession comment came amid an ugly social media spat between the one-time friends.

Car company’s shares dropped by 14.2% and its billionaire CEO’s net worth reduced by $8.73bn

Later he seemed to backtrack, tweeting: ‘Ok, we won’t decommission Dragon’

President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.80%. June E-mini S&P futures (ESM25 ) are down -0.52%, and June E-mini Nasdaq futures...