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Tesla stock tumbles the most since March as Musk and Trump exchange barbs over spending bill

  • Tesla stock dropped 14%, the most since March, following a spar between Trump and Elon Musk over the budget bill.
  • The feud led to Tesla shares plunging as much as 18% on Thursday, marking its biggest intraday drop since September 2020.
  • Shares of the carmaker closed 14% lower, the largest closing loss since March, amid the ongoing disagreement.
  • The conflict between Trump and Musk has impacted Tesla's stock, with concerns rising about potential punitive actions affecting the company.

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