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The Independent UK
The Independent UK
Erin Keller

Tesla stock tanks after Trump-Musk exchange attacks and threats online

Tesla’s stock sank nearly 15 percent Thursday as the friendship between Elon Musk and President Trump exploded into threats and a war of words.

The fallout began earlier this week when Musk publicly slammed the GOP’s new tax-and-spending bill, calling it a “disgusting abomination.” The legislation has drawn criticism for potentially affecting clean energy incentives such as the $7,500 electric vehicle tax credit, an incentive that has helped fuel Tesla’s growth.

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