Tesla Stock Tanks. Musk’s Trump Break Just Keeps Getting Wider.
Tesla stock slipped Wednesday after more weak sales data and as a public disagreement between CEO Elon Musk and President Donald Trump escalated. In the latter, Tesla sold 1,210 cars in May, down 36% year over year. In China, May shipments from Tesla’s Shanghai plant totaled nearly 62,000 cars, representing a 15% year-over-year decline.