Friday, June 6, 2025
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Tesla shares plunge as Trump threatens to cut government contracts with Musk’s companies

Shares in Elon Musk’s electric car company Tesla plunged 15% after Donald Trump threatened to terminate government contracts and subsidies given to Musk’s companies. The rapid escalation in a feud between the two men comes just days after Musk left his government job with a golden key handed by the president. Plus, a landmark trial opens in Paris against TotalEnergies, accused of “greenwashing” its fossil fuel activities. 

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