(Reuters) -President Donald Trump threatened on Thursday to cut off government contracts with companies owned by billionaire Elon Musk, as the alliance between the world’s most powerful man and its richest erupted into a rancorous public fight.

The feud, which exploded in spectacular fashion over the course of a few hours, pushed shares of electric vehicle maker Tesla down dramatically. The company, where Musk serves as CEO, closed down 14.3% for the day and lost about $150 billion in value after Trump and Musk began their war of words.

Trump lashed out at Musk in comments in the Oval Office. For two days, the billionaire who had been Trump’s close adviser campaigned to torpedo the sweeping tax-cut and spending bill, the Republican president’s top legislative priority, saying it would ad

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