Tesla reportedly fired Omead Afshar, its head of North American and European operations, in June following a massive drop in European EV deliveries. Afshar, who joined Tesla in 2017, was just promoted to the position in November. The Wall Street Journal described Afshar as one of Musk's closest confidants at the company.

Shares of Tesla ( TSLA) fell 9% on Thursday following another dismal earnings report, released after the bell Wednesday.

“We are in the transition period where we will lose a lot of incentives in the US,” Musk said. “We probably could have a few rough quarters.”

Yesterday, President Trump seemed to offer an olive branch to his former “first buddy,” Elon Musk, amidst their ongoing spat.

Tesla shares sank Thursday after CEO Elon Musk said the company could face a “few rough quarters” as it transitions to a future focused less on selling cars and more on offering people rides in self-d...

"Everyone is stating that I will destroy Elon's companies by taking away some, if not all, of the large scale subsidies he receives from the U.S. Government," Trump wrote in a post on Truth Social.