FILE - President Donald Trump and Tesla CEO Elon Musk speak to reporters as they sit in a red Model S Tesla vehicle on the South Lawn of the White House, March 11, 2025, in Washington. (Pool via AP, File) The Associated Press

Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important than profits.

In three hours Thursday, they learned yet again how dangerous that gamble could be.

Shares of Elon Musk’s electric vehicle maker plunged more than 14% in a stunning wipeout as investors dumped holdings amid a bitter war of words between the president and the world's richest man. By the end of the trading day, $150 billion of Tesla's value had been erased, more than what it would take to buy all the shares of S

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