#Latest news with #US153AU Financial Review5 days agoAutomotiveAU Financial ReviewTesla's shares plummet as Musk-Trump alliance implodesNew York | Tesla's market value suffered its biggest one-day drop on record on Thursday (Friday AEST) as an escalating feud between Donald Trump and Elon Musk triggered a sharp sell-off in the carmaker's shares. The electric vehicle group's shares closed down more than 14 per cent, erasing $US153 billion ($235 billion) from its market capitalisation, after the US president signalled he could terminate US government contracts with Musk's companies. Bloomberg
AU Financial Review5 days agoAutomotiveAU Financial ReviewTesla's shares plummet as Musk-Trump alliance implodesNew York | Tesla's market value suffered its biggest one-day drop on record on Thursday (Friday AEST) as an escalating feud between Donald Trump and Elon Musk triggered a sharp sell-off in the carmaker's shares. The electric vehicle group's shares closed down more than 14 per cent, erasing $US153 billion ($235 billion) from its market capitalisation, after the US president signalled he could terminate US government contracts with Musk's companies. Bloomberg