Austin American Statesman
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Analysts explain why Tesla stock is falling amid Elon Musk, Donald Trump 'junior high school battle'
Posted
June 5, 2025
Views
1,038
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9
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June 5, 2025
1,038
9
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1.16%
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2:03Now PlayingTesla shares suffered in the stock market on Thursday, June 5, 2025, as CEO Elon Musk and President Donald Trump traded public barbs over disagreements about Trump's "one big, beautiful bill" — the sweeping tax and spending bill House Republicans passed and Senate Republicans are now debating.
Musk called the bill a "disgusting abomination" on his social media platform X, formerly known as Twitter. Trump posted on his own social media site, Truth Social, that Musk "just went CRAZY!" after the spending bill included repealing an electric vehicle tax credit.
Musk denied Trump's claim and accused the president of being named in the classified files related to sex offender Jeffrey Epstein.
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