KEY TAKEAWAYS:

Tesla stock dropped 14% in one day, losing $150B in value.

Trump threatened to end federal contracts with Elon Musk ‘s companies.

Investor fears rise over regulatory delays for Tesla ‘s robotaxi launch.

SpaceX and Starlink deals with NASA and abroad may face new political risks.

Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important than profits.

In three hours Thursday, they learned yet again how dangerous that gamble could be.

Shares of Elon Musk’s electric vehicle maker plunged more than 14% in a stunning wipeout as investors dumped holdings amid a bitter war of words between the president and the world’s richest man. By the end of the trading day, $150 billion of

See Full Page