Let K be an algebraic function field with constant field F q . Fix a place ∞ of K of degree δ and let A be the ring of elements of K that are integral outside ∞. We give an explicit description of the elliptic points for the action of the Drinfeld modular group G = GL 2 (A) on the Drinfeld's upper half-plane Ω and on the Drinfeld modular curve G\Ω. It is known that under the building map elliptic points are mapped onto vertices of the Bruhat-Tits tree of G. We show how such vertices can be determined by a simple condition on their stabilizers. Finally for the special case δ = 1 we obtain from this a surprising free product decomposition for P GL 2 (A).