Elon Musk and Donald Trump hurled insults at each other all day on Thursday after the president’s former ally attacked the bill containing his entire legislative agenda. And though Musk had somewhat backed off his hardline stance a few hours later,

The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks.

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.