On Tuesday, President Trump took aim at Tesla CEO Elon Musk, accusing him of unfairly benefiting from extensive government subsidies for electric vehicles. This accusation sent Tesla's share price plummeting in pre-market trading. In a tweet, Trump suggested that Musk might be the largest recipient of subsidies in history and implied that the cancellation of these subsidies could spell trouble for Tesla. Prior to this, Musk had expressed criticism of Trump's tax bill, cautioning that reductions in subsidies would have devastating consequences for the nation.