Tesla's stock plummeted over 14% in a single day, erasing $152 billion in market value. This historic drop highlights the tension between President Trump and Elon Musk, revealing the dependency of Musk's companies on government contracts and subsidies,

For months, Tesla shareholders were tormented by Elon Musk’s role in the administration of President Donald Trump. But any relief brought by his formal government exit last week quickly turned to fear as the electric-vehicle maker’s chief executive traded barbs with his former boss.

Some of Tesla’s biggest shareholders — including unions like the American Federation of Teachers, whose 1.8 million members participate in pension funds with $4 trillion of assets under management, including $8.8 billion of Tesla shares — see one group as largely to blame: the EV company’s board.

Tesla shares are up more than 20% this May, putting the stock on track for its strongest monthly close since the final days of January, according to data from

Tesla shares dropped more than 5% on Thursday on a day otherwise devoid of news for the electric vehicle maker, leading traders to speculate that Musk's increasingly pointed rhetoric suggests strain in the relationship that has benefited his sprawling empire of businesses.

Sweden has become the latest country to sour on Tesla, with new data revealing a dramatic drop in sales—part of a broader backlash linked to CEO Elon Musk’s increasingly erratic behavior. According to registration data from Mobility Sweden,

New data from France's PFA national auto lobby reported new Tesla registrations dropped 67% in May to 721 units, with overall sales down 47% year to date. Mobility Sweden reported Tesla EV registrations tumbled 53.7% to 503 units in the country in May from a year earlier.