The electric pickup was supposed to create a halo effect for the brand, but the truck’s reputation has been tarnished by politics and production snafus.

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

For months, Tesla shareholders were tormented by Elon Musk’s role in the administration of President Donald Trump. But any relief brought by his formal government exit last week quickly turned to fear as the electric-vehicle maker’s chief executive traded barbs with his former boss.

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.

The car, which President Trump acquired in March to show his support for Elon Musk, is one of the first tangible casualties of their shattered alliance.

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.

Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.

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