New York | Tesla’s market value suffered its biggest one-day drop on record on Thursday (Friday AEST) as an escalating feud between Donald Trump and Elon Musk triggered a sharp sell-off in the car maker’s shares.
The electric vehicle group’s shares closed down more than 14 per cent, erasing $US153 billion ($235 billion) from its market capitalisation, after the US president signalled he could terminate government contracts with Musk’s companies.
