The Latest Breaking News from Tesla Inc.

Musk had complained for weeks about Trump’s tax spending bill, but the feud has descended into an extraordinary exchange of insults. Key US politics stories from 5 June 2025

Some Democrats are laughing, Eric Garcia reports, but some ‘don’t think the whole state of the country should be concentrated in two guys with massive egos’

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

Elon Musk walks back plans to decommission the Dragon capsule after President Trump threatened to cancel contracts. Rocket Lab is among the winners.

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

Futures rose with earnings due. Tesla stock bounced after diving Thursday as the Elon Musk-President Trump feud erupted. Broadcom led earnings movers.

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...

Falling-out between former close allies explodes as Trump says Musk has gone ‘crazy’ and billionaire hits back accusing US President of ‘ingratitude’