A public feud between U.S. President Donald Trump and Elon Musk led to a 14% drop in Tesla's shares on Thursday, erasing $150 billion from its market value. Trump criticized Musk, threatening to cut government contracts, while Musk responded by claiming Trump owed his election win to him and calling for his impeachment.
Trump accused Musk of receiving excessive government subsidies, saying it was time to end them. Musk responded by accusing Trump of being mentioned in the confidential Epstein documents and hinted that revealing details would surface soon. Trump denied any ties to Jeffrey Epstein and called for stronger laws against AI, calling it a major future threat.