After Musk threatened to form a new political party, the president fired back with a nativist attack, accusing the billionaire of being a subsidy addict and threatening to have his own companies investigated.

Tesla shares dropped after President Trump and Elon Musk renewed their feud over Trump's tax-and-spending bill. As Senate Republicans struggle to corral enough votes to pass the "big, beautiful bill,"

Donald Trump has threatened to review government subsidies afforded to Elon Musk’s companies after the Tesla billionaire attacked his flagship tax bill.