Tesla shares fall as Trump says he wants Musk to ‘thrive’
Slide comes after carmaker says second-quarter profits dropped by more than a fifth
Slide comes after carmaker says second-quarter profits dropped by more than a fifth

US president and world’s richest man trade insults as their alliance collapses

Elon Musk’s carmaker hit by US tariffs, loss of emissions credit revenue and big investments in AI

Billionaire chief executive threatened to leave the electric vehicle maker if he was not given more stock

Stock in electric-vehicle maker jumps after regulatory filing discloses purchase

Net income rises 17% but is still second-weakest figure in five years

Plus IPOs and American exceptionalism