Tesla plummets 10%, falling below the $300 mark, as Musk and Trump exchange attacks

Wallstreetcn
2025.06.05 18:19

Tesla fell below the psychological threshold of $300, dropping to a low of $298.77, marking a new intraday low since May 9, with an overall intraday decline of 10.00%.

Among the seven tech giants in the U.S., Tesla's stock price is currently performing the worst.

On June 5, U.S. President Trump expressed disappointment and shock over Musk's criticism of the tax legislation he supports, predicting that Musk would attack him personally.

Subsequently, Musk launched multiple waves of criticism against Trump through his own social media platform