Asking for a Trend host Josh Lipton takes investors through the top trading themes of the day on Thursday, June 5.
Tesla stock plunged amid the heated rhetoric between President Trump and Tesla CEO Elon Musk over the former’s "Big Beautiful" tax and budget bill. Yahoo Finance anchor Julie Hyman chronicles what transpired throughout the day between the two men and how the markets reacted.
Next, Tesla investor and CEO of Gerber-Kawasaki Wealth Management Ross Gerber called the public feud between the President of the United States and the Tesla CEO "a disaster" and that "it couldn’t be worse" for shareholders. Gerber also went on to say Tesla stock declines are just getting started as concerns mount following this public blowout and possible retaliation for Musk and Tesla.
For more episodes of Asking for a Trend, please visit:https://finance.yahoo.com/videos/series/asking-for-a-trend/
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