Tesla, Inc. (TSLA)

Major cryptocurrencies declined sharply on Friday, with the total crypto market cap falling 3.77% to $3.18 trillion. Bitcoin (CRYPTO: BTC) maintained a 63.7% dominance, while Ethereum (

Major U.S. indexes closed lower on Thursday, with the Dow Jones slipping 0.25% to 42,319.74, the S&P 500 falling 0.5% to 5,939.30.

This has been a bruising week for Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, both on the personal and professional fronts, as the public spat with President Donald Trump takes a toll on the company's stock, alongside the billionaire entrepreneur's personal fortune.

Earnings from high-profile chip maker Broadcom elicited negative stock reaction, portending a potential hit to the sector in Friday’s session.

Tesla has been a polarizing stock over the last decade, delivering massive gains for investors as we increasingly shift toward EVs.

The escalating feud between Elon Musk and Donald Trump has sparked reactions from political leaders, with figures like Chuck Schumer and Mike Johnson weighing in as the conflict threatens to impact both the GOP and Musk's business empire.

Musk, the world’s richest person, saw his net worth drop by roughly $34 billion, as a large portion of his wealth is linked to his electric vehicle company.

The Dow closed the session -108 points, -0.25%, while the S&P 500 slimmed -31 points, -0.53%. The Nasdaq shed -162 points, -0.83%, as Tesla shares slid to their worst one-day loss in history, -14%.

What started as cautious optimism following the Trump-Xi call ended in a full-blown trading dumpster fire after the Musk-Trump cage match escalated.

Tesla stock is now down more than 20% versus its recent high in late May.

The major indexes finished the day in the red. The Nasdaq dropped 162 points, snapping a three-day win streak alongside the S&P 500, while the Dow posted a triple-digit loss as well.

ETFs with high exposure to Tesla could be risky due to political tensions between Musk and Trump. TSLA stock plummeted and could impact ETFs.

Let's have a look at the top S&P500 gainers and losers one hour before the close of the markets of today's session.

A public friendship between Donald Trump and Elon Musk could be over due to the Tesla CEO's public opposition to the "Big Beautiful Bill."

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.9% in the afternoon session as momentum slowed after a 40% rally that followed the Q1 2025 selloff, suggesting that the recent surge may have exhausted short-term buying interest. 

Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Thursday and discover the stocks that are dominating the trading activity and setting the pace for the market.

These stocks are making the most noise in today's session. Stay tuned for the latest updates!

Trump’s tax bill would cut EV credits worth $7,500 for buyers of some Tesla models and other EVs by the end of 2025, seven years ahead of schedule.