--- title: "Tesla plummets 10%, falling below the $300 mark, as Musk and Trump exchange attacks" description: "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 expanding to 10.00%. Among the seven tech g" type: "news" locale: "en" url: "https://longbridge.com/en/news/243327576.md" published_at: "2025-06-05T18:19:35.000Z" --- # Tesla plummets 10%, falling below the $300 mark, as Musk and Trump exchange attacks > 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 expanding to 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 attacks on 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 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 ### Related Stocks - [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md) - [TSDD.US - GraniteShares 2x Short TSLA Daily ETF](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US - Direxion Daily TSLA Bull 2X Shares](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US - AXS TSLA Bear Daily ETF](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK - XI2CSOPTSLA-U](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK - XL2CSOPTSLA](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK - XI2CSOPTSLA](https://longbridge.com/en/quote/07366.HK.md) - [TSLR.US - GraniteShares 2x Long TSLA Daily ETF](https://longbridge.com/en/quote/TSLR.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Tesla Paid No Federal Income Tax While Elon Musk Could Earn $3 Billion More Than U.S. Teachers Combined, Says Robert Reich —'See the Problem?' | Tesla reported paying no federal income tax in 2025, despite having $5.7 billion in pretax income. Former Labor Secretar | [Link](https://longbridge.com/en/news/276133290.md) | | ANALYSIS-US automakers caught in crossfire of Trump, California EV battle | A legal battle between the Trump administration and California over auto-pollution regulations could have significant fi | [Link](https://longbridge.com/en/news/276323878.md) | | Tesla meets Giga New York’s Buffalo job target amid political pressures | Tesla has met its job commitments at Giga New York, reporting over 3,460 jobs by the end of 2025, easing political press | [Link](https://longbridge.com/en/news/276238037.md) | | Slate pricing to be revealed in June, ‘Blank Slate’ truck still expected in the mid-$20k range | Slate Auto, an EV startup, will reveal pricing for its "Blank Slate" electric pickup in June. The model is expected to b | [Link](https://longbridge.com/en/news/276367534.md) | | Tesla Moves Beyond Vehicles in India with AI Hiring Push | Tesla is expanding its operations in India by hiring for two key AI-focused positions: an AI Hardware Engineer and a Sit | [Link](https://longbridge.com/en/news/276517340.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.