<ul data-eligibleForWebStory="true"><li>Tesla shares decline by about 5% in pre-market trading amid a heated exchange between Donald Trump and Elon Musk.</li><li>Trump threatens subsidy cuts, criticizing Musk's subsidies and suggesting Musk may have to close his businesses without them.</li><li>Musk counters Trump's claims, proposing the president should actually cut the subsidies.</li><li>Speculation rises about Musk forming a new political party, 'America's Party,' with odds currently standing at 40%.</li></ul>

Tesla Shares Drop as Donald Trump Threatens Subsidy Cuts Following Elon Musk Clash

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