Reignited Trump-Musk feud burns Tesla investors, shares of EV company tumble 8%

Tesla shares fell 8% due to a renewed feud between Elon Musk and Donald Trump. Musk criticized a Republican spending bill, leading Trump to say Musk went "off the rails." Investors fear Musk's companies, reliant on federal subsidies, could suffer. Analysts believe Musk's political stances and Trump association also hurt Tesla sales amidst rising competition.