Episode Details
Back to EpisodesS&P 500 turns lower as Tesla shares slide, traders weigh Trump-Xi talk 6/5/25
Published 7 months, 1 week ago
Description
The S&P 500 fell on Thursday, spurred by a drop in shares of electric vehicle maker Tesla.
Tesla was a big laggard in the session, down more than 11%, after President Trump said he was “very disappointed” in CEO Elon Musk.
Musk shot back at President Donald Trump, saying in a post on X that “without me, Trump would have lost the election.”
The feud further escalated after Trump called Musk ”‘CRAZY” and signaled that he could cut his companies’ government contracts.
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