Tesla shares plunged Thursday as the relationship between Elon Musk and President Trump imploded and Trump suggested canceling Musk's government contracts.

Why it matters: The threat escalates their real-time breakup and threatens to deliver a serious blow to the wealth of the world's richest person. • Musk and Trump were close political allies for a time, after the Tesla CEO poured hundreds of millions of dollars into Republican campaigns and led the budget-slashing Department of Government of Efficiency. • Their relationship was seen as a boon to Tesla and Musk's other companies, including government contractor SpaceX.

Zoom in: After saying earlier from the Oval Office that "Elon and I had a great relationship" and "I don't know if we will anymore," Trump went further Thursday in a

See Full Page