Tesla (TSLA) stock slumped again on Thursday as the very public fallout between its CEO Elon Musk and President Trump escalated.
"I'm very disappointed, because Elon knew the inner workings of this bill better than almost anybody sitting here, better than you people," Trump said to reporters in the Oval Office on Thursday. "All of a sudden he had a problem, and he only developed the problem when he found out that we're going to have to have to cut the EV mandate."
"Elon and I had a great relationship. I don't know if we will anymore. I was surprised," Trump added.
Musk posted on X, the social media platform he owns, in apparent response to Trump's comments: "Whatever."
Tesla stock fell to session lows on Thursday afternoon as Musk reacted in real-time to Trump's comments, falling as much as 8% near 12:50 p.m. ET.
