Story perspectives
Trump-Musk Tensions Spike as Tesla Faces Record Decline
6/7/2025
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Story summary
- Tensions escalated between President Donald Trump and Elon Musk on Thursday.
- Tesla Inc. saw unprecedented trading volume in bearish put options.
- Traders purchased 4.01 million put contracts, marking a record high.
- This volume surpassed the previous peak recorded in late 2022.
- Tesla faced its most significant daily decline in market capitalization.
