Electric vehicles are expected to take a hit under the existing reconciliation budget proposal, but that isn’t the only provision that would seemingly hurt Elon Musk and his business if passed as written.

The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping up his time as head of Trump's Department of Government Efficiency, or DOGE.

Could Musk be fired? Will he get his pay package approved? Will Tesla be punished? Shareholders are in for a bumpy ride as the Trump bromance ends.