Tesla Faces Largest Quarterly Delivery Decline Amid Musk-Trump Budget Dispute

Elon Musk has publicly clashed with President Donald Trump over the recent federal spending bill, which Musk strongly opposes due to its increase in government spending. Despite Musk's criticism of the bill and threats to political careers of those supporting it, he acknowledged Trump's success in brokering international ceasefires. This feud has raised investor concerns for Musk's companies, particularly Tesla, which is facing a significant decline in electric vehicle sales, loss of federal incentives, and potential stricter regulations under the Trump administration. Tesla's upcoming Q2 delivery estimates predict a notable year-over-year drop, with analysts warning that increased competition and macroeconomic challenges may impact its market position. Additionally, Tesla's self-driving technology has come under scrutiny following a Bloomberg Intelligence report that critics say relied on misleading data, fueling debates over the safety and transparency of Tesla's autonomous vehicle claims. These developments collectively pose risks to Musk's corporate interests amid his contentious relationship with the current administration.