India, June 6 -- US President Donald Trump's public feud with Elon Musk has started to affect Wall Street, especially EV giant Tesla, with the company's shares plummeting 14 per cent on Thursday.

This comes as Elon Musk and Donald Trump criticised each other on social media. The Tesla and SpaceX CEO said the US President would have lost last year's election without him, and the Republican leader threatened to tear off federal contracts with the world's richest person.

The 14 per cent fall in shares knocked $153 billion off Tesla's market valuation, according to Bloomberg.

Tesla investors have soured on Musk's relationship with Trump after initially welcoming it right after the November 2024 election. The shares tanked earlier this year...