Tesla shares are poised to jump as much as 5.7 per cent when stock markets open in the US later today after the business took a $99bn (£73bn) hit following an explosive feud between Donald Trump and Elon Musk.
The share price of the electric vehicle (EV) manufacturer tanked from more than $322 at the start of Thursday’s trading to $284 at the end of the day, more than a 14 per cent drop as a result of a back-and-forth argument between the pair, which covered everything from government contracts to the Epstein files.