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Tesla Stock Plunges 8% As Trump Suggests Musk Has ‘Trump Derangement Syndrome’

Shares of Tesla dropped by more than 8% on Thursday as the relationship between Elon Musk and President Donald Trump’s appeared to unravel, with Musk launching attacks at the president on X and Trump suggesting to telling reporters at the White House criticism of his signature bill from the world’s wealthiest person amounts to “Trump derangement syndrome.”

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