(NEW YORK) — A feud between President Donald Trump and Tesla CEO Elon Musk hammered shares of the electric carmaker on Thursday, before a lull in the acrimony on Friday prompted a recovery of some losses.

Still, as of midday Friday, shares had dropped nearly 10%, wiping out tens of billions of dollars in company value.

The falling out between Trump and Musk raises serious concern for Tesla, threatening crucial regulatory approvals and government subsidies, while risking ire from conservative car buyers who may otherwise have eased sales woes suffered as liberals turned elsewhere, some industry analysts told ABC News.

The outcome remains unclear, however, leaving open the possibility the two sides may patch up the relationship or Tesla could navigate fraught ties with the White House, th

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