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Tesla's stock price fell by more than $19.5 billion due to its falling out with Trump

2025-06-06 01:00

Odaily News Due to the fallout between Musk and Trump, Tesla's stock price fell by more than 14%, and its market value shrank by $153 billion, setting a record for the largest single-day drop in history. Musk holds about 12.8% of Tesla's shares, and as a result, the market value of these shares has shrunk by more than $19.5 billion.
According to Yahoo Finance data, Tesla's stock price is currently at $286.99 after hours, a slight rebound.