Milan Kovac said he was leaving to spend more time with family abroad and that his exit "has absolutely nothing to do with anything else," calling support for CEO Elon Musk "ironclad."

Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.

Elon Musk has alienated “multiple sides of the political spectrum” from Tesla, according to one prominent Wall Street analyst.

The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks.

Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.

Tesla Inc.’s shares rose Friday after Elon Musk suggested he was open to making amends with President Donald Trump, easing tensions after their simmering feud erupted into a public war of words a day earlier.

"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.