In an escalation of Elon Musk’s fractured relationship with President Donald Trump and his Republican allies, the Tesla CEO has floated the idea of starting a new political party to rival the two-party system.

Tesla CEO Elon Musk and President Donald Trump appear to be in the kind of chaotic relationship that social media lives to warn you about. First the two seemed to be enjoying a business alliance-turned-bromance when Musk was invited to become a special government employee in January and spearhead the Department of Government Efficiency (DOGE).

Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.

"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.

How should a corporate board respond to a CEO publicly insulting and shaming a sitting president? It’s not a question that most need to consider, since few chief executives dare to directly criticize the White House.

As Elon Musk and Donald Trump take jabs at each other online, their respective businesses are plummeting in value.

Donald Trump and Elon Musk's bromance imploded on Thursday for everyone to see. It was gold for late-night hosts like Stephen Colbert.

The market capitalization of Tesla Inc has fallen 29.3% to $917 billion so far this year, the biggest drop among big companies in the world. Tesla, which ranked eighth globally in market capitalization at the beginning of the year,