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.

The controversial, long-awaited deal only came about thanks to Paramount’s appeals to this administration: settling a baseless lawsuit that Trump brought against 60 Minutes for “deceptively” editing ...