New Delhi, June 6 -- This statement wiped out nearly $150 billion from Tesla's market value. This reverses the big runup it witnessed in the past eight weeks after Musk confirmed that Tesla would be testing an autonomous, driverless "robotaxi" service in Austin, Texas, this month.

Musk's privately owned rocket company -SpaceX - reportedly received billions of dollars from the government to send astronauts and cargo to the International Space Station, provide launches and do other work for the US space agency, NASA.

Social media users couldn't control their excitement on seeing the high-profile war of words between the world's most powerful figures and caught the moment with amusing jokes.

Netizens strongly reacted to the bitter fallout...