Analysts are digging into the ramifications of Tesla ( NASDAQ: TSLA) CEO Elon Musk's explosive feud with President Trump on Thursday. While the barrage of insults and accusations has stopped, the question remains for investors if the drama will impact the stock?

Elon Musk suffered a massive financial blow on Thursday as his net worth dropped by nearly $27 billion. The sharp decline followed a public dispute with former President Donald Trump, triggering a major fall in Tesla stock prices.

So far in 2025, Tesla has spent $240,000 lobbying Washington in favor of the electric vehicle (EV) tax credit, along with other EV polices, but the policy remains on the chopping block if President Donald Trump 's "big beautiful bill" passes into law.