But once again, Musk has bigger issues at Tesla that came to a head July 2. Tesla had a rough start to the year as Musk's political outspokenness has turned off many potential buyers. After record sales in Q4 2024, the company has now reported two straight quarters of falling sales.

Sales at Elon Musk’s Tesla have fallen to a three-year low amid the billionaire’s public spat with Donald Trump. The electric carmaker said customer deliveries fell by 13.5pc in the second quarter of the year, a period in which Mr Musk left his role in the White House and publicly fell out with the US president over his tax and spending bill.

President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk’s companies receive from the federal