<ul><li>Shares of Tesla dropped 13% following a dispute between CEO Elon Musk and President Donald Trump over EV credits in the spending bill.</li><li>Trump suggested terminating Musk's federal subsidies and contracts, leading to a public spat between the two.</li><li>Musk criticized the budget bill and threatened lawmakers supporting it, marking a significant shift in his stance towards the administration.</li><li>Apart from the feud, Tesla is facing challenges like declining sales in Europe, a delayed driverless ride-hailing service launch, and pressure to compete in the market.</li></ul>

Tesla shares tank 13% as Musk-Trump spat escalates

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