Trump backs Musk as Tesla stock slides 9%: 'I want Elon, and all businesses within our Country, to THRIVE'

Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

July 24, 2025

Elon Musk’s feud with Trump and ‘America Party’ gambit hit Tesla shares and wiped up to $15 billion off his net worth

BY ASHLEY LUTZ AND FORTUNE INTELLIGENCE

July 9, 2025