<ul data-eligibleForWebStory="false"><li>Tesla shares dropped by over 7% as U.S. President Trump criticized Elon Musk's plan for a new political party, sparking investor concerns.</li><li>Investors fear potential risks to Tesla due to Musk's political distractions and potential cuts to EV incentives.</li><li>A feud between Trump and Musk emerged over the Big Beautiful Bill Act, which eliminated tax breaks for EV purchases.</li><li>The conflict could impact Tesla's autonomous vehicle initiatives, facing regulatory scrutiny amid probes by NHTSA.</li></ul>

Tesla shares plunge amid investor concerns over Trump-Musk feud

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