The share prices for Tesla stock tumbled on Tuesday after President Donald Trump suggested the federal government might end its electric vehicle subsidies and deport owner Elon Musk.

In late May, Musk stepped down from DOGE and became a critic of Trump’s “big, beautiful bill,” claiming his opposition to it was because it would increase the budget deficit. Another scenario is Musk’s fear that the bill will remove electric vehicle tax credits, which would significantly hurt Tesla.

Trump implored DOGE to look into the matter as his weeks-long feud with Musk came to another head.