New Delhi, June 7 -- The public spat between US President Donald Trump and Tesla CEO Elon Musk, which started with criticism of government policy, significantly impacted the world's top EV maker. Amid the ongoing feud, Tesla lost $150 billion in market capitalisation (market cap), and its shares dropped 14% in a day.
The market capitalisation of Tesla stood at $917 billion on June 6, 2025, marking a 29.3% decline this year, the largest drop among major companies across the globe, reported Reuters.
The EV maker has lost nearly $380 million in 2025 so far, the biggest loss among top companies amid Elon Musk's political ambitions and low demand for Tesla EVs.
Till Thursday, the electric vehicle (EV) maker has seen its market capitalisatio...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.