The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping up his time as head of Trump’s Department of Government Efficiency, or DOGE.
Recent Posts
- Trump considers getting rid of his Tesla on heels of Elon Musk feud
- Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report
- Omada shares pop 42% in Nasdaq debut after health tech company’s IPO
- Trump administration asks Supreme Court to lift ban on Education Department layoffs
- Swiss government proposes tough new capital rules in major blow to UBS