President Trump and Elon Musk fell out after a comfortable relationship when Musk drove Dogge. Trump explained his point why Kasturi is upset.
CEO of Tesla Alone muscus The outspoken criticism of the tax cut package is proceeding to the Trump administration and the Republicans of the Congress, left the company’s investors in Limbo as musk and the president is Barbes on the trade verbal bar.
The billionaire’s time in the role was lukewarm for Tesla, which became the subject of boycott in protest against the role of Musk as the leader of the administration department of the administration (Dog), Which sent Tesla’s shares to its lowest level of the year in March and April.
Tesla’s shares held rallies last month to end Musk’s tenure as a special government employee in late May, with billionaire signals he would include less in politics as he attracted his attention to Tesla and his other companies. Tesla Board members wanted assurance from Kasturi to lead Tesla full -time.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 284.70 | -47.35 |
-14.26% |
Musk took advantage of the stock after increasing the GOP bill and his public criticism of the President Donald Trump’s Its support, which increased in the public war of words on Thursday. During the trading session, Tesla’s shares were sent to more than 14% effects, while the slides continued in the later trading when the shares were drowned as 2.7%.
Trump says he is ‘very disappointed’ in Elon Musk to oppose the ‘biggest tax cut in history’.
The bitter spat between Elon Musk and President Donald Trump intensified, causing Tesla’s shares to slip. (Getty image)
The slide in Tesla’s shares during Wednesday and Thursday marked the worst two-day stretch for the stock since ending November 9, 2021, when it fell 16.25%when it fell 16.25%.
Tesla’s stock About 20% in the last five days and more than 24.9% to date.
Since leaving its role with the administration, Musk has “called” a large beautiful bill act of GOP.Hatred“And urged the Republican MPs to kill the bill due to an estimated impact on the budget deficit.
Trump spoke to the press on Thursday during a White House meeting with German Chancellor Frederick Merz and said Tesla’s EV subsidy Will be cut.
Elon Musk has used Trump’s 2013 words on debt sealing against him
Musk financially supported the Trump Abhiyan and spoke at rallies on the campaign trail. (Through Jim Watson/AFP Getty Image)
Musk said on his social media site X, saying that he never saw the bill – which was estimated Increase deficit by $ 2.4 trillion More than a decade by the Congress budget office – and again slammed it as being full of useless expenses.
“Without me, Trump must have lost the election, Dames will control the House and there will be 51–49 in the Republican Senate,” said Musk. “Such ingestion in.”
What’s next for Tesla because the musk trump leaves the White House
Trump moved forward with writing to Trump on his social media platform Truth Social, that a good way to cut federal expenses would have to eliminate contracts and subsidies associated with Mask companies: “The easiest way to save money in our budget, the easiest way to save money, billions and billions of dollars, government subsidies and contracts. I always wondered that I was not surprised!”
Musk replied, “In the light of the President’s statement about the cancellation of my official contracts, @Spacex will start decomposing its dragon spacecraft immediately.” SpaceX dragon spacecraft Currently both astronauts and cargo are used to carry the international space stations, as well as on private missions. The company has not been traded publicly and Musk acts as its CEO.
Trump and Musk launched SpaceX’s Starship spacecraft together last year. (Brandon Bell/Getty Images)
Tesla’s CEO later targeted Trump Tariff policiesWriting in a post on X, “Trump Tariff will cause recession in the second half of this year.”
After booting from Dogi, Mask claims the wild Epstein against Trump
Additionally, Musk posted that it was “actually time to release a large bomb: @Realdonaldtrum is in Epstein files. This is the real reason that they have not been made public. A good day is, DJT!”
Musk later replied to “yes” to a post, suggested that Trump should be imperedation and replaced by the Vice President JD Vance,
President Donald Trump bought a Tesla from Kasturi at the White House earlier this year, when Ev-Mekar faced a consumer backlash on Kasturi’s political activism. (Through Mandel Nagan/AFP Getty Image)
Dan Ewes, Managing Director and Senior Equity Research Analyst of Vesabash Securities wrote to investors in a note that Trump and Musk’s dispute “Quickly fought between Musk and Trump’s time between a high school friends.”
Ewes wrote, “Tesla’s stock is under major pressure below 15% as investors are afraid that the battle of Kasturi/Trump will stop their friendship and change the regulatory environment for Tesla on the autonomous front in the coming years under the Trump administration.”
He said that there is a possibility that the quarrel would be settled to allow Kasturi-Trum to continue friendship, but “it should begin to calm down on musk and trump fronts, and it is not good from both sides.”
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He said, “This quarrel does not change our rapid view about Tesla and autonomous approach, but clearly the Trump carries a fly in the regulatory structure ointment,” he explained. “This is the moment of another twilight region in this musk/trump relationship that is now running down.”
