The stock has been on a roller coaster ever since President Trump’s election. The shares fell nearly 15% this week.

Elon Musk has alienated “multiple sides of the political spectrum” from Tesla, according to one prominent Wall Street analyst.

Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.

The escalating dispute between President Trump and Tesla CEO Elon Musk on Thursday sent the car maker to a market-value decline of around $152.4 billion, its biggest one-day slide on record, according to Dow Jones Market Data.

Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now financially struggling Tesla are arguing for its continuation.

Milan Kovac said he was leaving to spend more time with family abroad and that his exit "has absolutely nothing to do with anything else," calling support for CEO Elon Musk "ironclad."

Tesla can survive the loss of tax credits. But they risk making the EV pioneer look more like any other automaker—when the market values it as anything but. President T